During the period 9 February 2023 to 28 February 2023, Kindred Group plc (“Kindred” or the “Company”), has repurchased a total of 1,050,000 shares/SDRs as part of the share buy-back programme initiated on 1 August 2022. The buy-back programme was introduced by the Board of Directors 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. The acquisitions during the month of February have been made at an average price of 109.63 SEK per share. Following the acquisitions above and the vesting of 362,200 share awards under the 2021 long-term incentive plan on 1 March 2023, Kindred’s holding of own shares/SDRs amounted to 13,209,479. The total number of issued shares in Kindred is 230,126,200.
For information about the transactions carried out under the buy-back programme, please see:
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 01-03-2023 10:00 CET.
For more information:
Patrick Kortman, Director - 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