During the period 1 March 2022 to 1 April 2022, Kindred Group plc (“Kindred” or the “Company”), has repurchased a total of 1,407,590 shares/SDRs as part of the share buy-back programme running between 10 February 2022 and 12 May 2022. The buy-back programme was initiated by the Board of Directors on 9 February 2022, with the purpose to return excess cash to the company’s shareholders. The programme is carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation (EU No. 596/2014) (“MAR”) and the applicable rules of Nasdaq’s Nordic Main Market Rulebook for Issuers of Shares.
All acquisitions have been carried out on Nasdaq Stockholm by Nordea Bank Abp on behalf of Kindred. Following the acquisitions and as of 1 April 2022, Kindred’s holding of own shares/SDRs amounted to 9,414,429. The total number of issued shares in Kindred is 230,126,200.
From the programme start on 10 February until and including 1 April, Kindred has repurchased a total of 1,927,590 shares/SDRs at a volume-weighted average price of 100.94 SEK per share. Within the frame of the buy-back programme a maximum of 6,000,000 shares/SDRs are allowed to be repurchased with a total maximum value of up to SEK 300,000,000.
For information about the transactions carried out under the buy-back programme, please see:
Nasdaq Stockholm:
or
Kindred Group:
http://www.kindredgroup.com/investors/the-share/share-buy-back/
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU No. 596/2014). The information was submitted for publication, through the agency of the contact person, on 04-04-2022 16:00 CET.
For more information:
Patrick Kortman, Head of Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth, Investor Relations Manager, +46 767 681 337
About Kindred Group
Kindred Group is one of the world’s leading online gambling operators with business across Europe, US and Australia, offering over 30 million customers across 9 brands a great form of entertainment in a safe, fair and sustainable environment. The company, which employs about 2,000 people, is listed on Nasdaq Stockholm Large Cap and is a member of the European Gaming and Betting Association (EGBA) and founding member of IBIA (International Betting Integrity Association). Kindred Group is audited and certified by eCOGRA for compliance with the 2014 EU Recommendation on Consumer Protection and Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.
Nasdaq Stockholm, KIND-SDB