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Kambi Group plc buys back shares from 29 April – 3 May 2024

Kambi Group plc Repurchases Shares as Part of Buyback Programme

Kambi Group plc (“Kambi”) has recently completed a share buyback programme, repurchasing a total of 55,000 ordinary B shares (ISIN: MT0000780107) during the period from 29 April to 3 May 2024. This initiative was carried out within the mandate approved at an Extraordinary General Meeting held on 19 June 2023, aimed at achieving added value for Kambi’s shareholders.

Programme Objectives and Execution

The primary objective of the Programme was to provide the Board with increased flexibility regarding Kambi’s capital structure by reducing the capital. This strategic move was carried out in compliance with various regulations, including the Maltese Companies Act, the EU Market Abuse Regulation No 596/2014 (“MAR”), and the Commission Delegated Regulation (EU) No 2016/1052 (“Safe Harbour Regulation”).

During the Buyback Period, Kambi repurchased the 55,000 ordinary B shares at a volume-weighted average price of 99.16 SEK. Since the initiation of the Programme on 18 March, a total of 322,086 ordinary B shares have been repurchased at an average price of 92.87 SEK per share until 3 May 2024.

Details of Share Repurchases

Specific details of the share repurchases during the Buyback Period are as follows:

DateAggregated daily volume (number of ordinary B shares)Weighted average share price per day (SEK)Total daily transaction value (SEK)
29 April 202410,00096.73967,274
30 April 202410,000100.531,005,343
2 May 202420,00099.411,988,268
3 May 202415,00099.541,493,090

All repurchases were conducted on the Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB. Following these acquisitions, Kambi’s holding of its own shares stood at 1,217,678 as of 3 May 2024, out of a total of 31,278,297 ordinary B shares issued. The Programme authorizes Kambi to repurchase a maximum of 3,127,830 ordinary B shares, up to a total value of €4.0 million.

Availability of Information

For additional information on the Programme, interested parties can visit Kambi’s website at https://www.kambi.com/investors/share-information/. A complete breakdown of all transactions conducted during the Buyback Period can be found in the attached announcement.

Contact Information

For further inquiries, please contact:

Mia Nordlander
SVP Investor Relations & Sustainability
Mobile: +44 (0) 7850 910 933
Office: +44 203 318 6279

Chris Stutzman
Investor Relations Analyst
Office: +1 302 603 5137