Kindred Group

The Board of Directors of Kindred Group plc on Monday announced the decision to initiate a share buy-back programme. It has been empowered to do so thanks to a mandate received at the Extraordinary General Meeting on 10th June 2022, while the purpose of the programme is to return excess cash to shareholders in line with Kindred’s distribution policy.

Share repurchases can be made during the period 1st August 2022 until the next Annual General Meeting. However, no share repurchases will be executed during the closed periods ahead of the publication of quarterly reports.

Share repurchases are to be made on Nasdaq Stockholm in accordance with the Nasdaq Nordic Main Market Rulebook for Issuers of Shares, Maltese Companies Act and EU Market Abuse Regulation No. 596/2014. Share repurchases are to be made at a price per share within the recorded interval, i.e. the interval between the highest buying price and the lowest selling price. Payment for the shares shall be made in cash.

Notification of any share repurchases will continuously be made to Nasdaq Stockholm and for information about the transactions, click here.

The maximum number of shares/SDRs that can be repurchased is 23,000,000 and the company’s holdings of its own shares/SDRs may not at any time exceed 10 per cent of the total outstanding shares.

On Monday morning, the total number of issued shares in the company is 230,126,200 and Kindred’s holding of own shares/SDRs is 9,966,474.

Following repurchase, the intention of the Board is to cancel the repurchased shares/SDRs.

Continue Reading

Genius Sports and IBIA team up to battle suspicious betting activity

13 June 2024
by Robert Fenech

Genius Sports has also become an associate member of the International Betting Integrity Association

Altenar announces Kero Gaming partnership to bolster micro-betting offering

11 June 2024
by iGamingCapital.mt

Altenar becomes first sportsbook software provider to adopt supplier’s micro-betting technology

GiG signs new partner for next-gen Sportsbook

10 June 2024
by iGamingCapital.mt

The full signed agreement will see GiG’s sportsbook SportX and platform CoreX launch into strategically targeted multi-jurisdiction European markets

Playson announces first Gibraltar-licensed operator partnership with BoyleSports deal

6 June 2024
by iGamingCapital.mt

The partnership with BoyleSports marks Playson’s first commercial tie-up since it was granted a B2B license by the Gibraltar Licensing Authority

See more