GlobeNewswire by notified

Better Collective initiates share buyback program to cover future payments relating to completed acquisitions and incentive programs

Share

Regulatory Release no. 38/2021
December 8, 2021


Better Collective A/S (the “Company”) has today initiated a share buyback program for up to 10 mEUR, to be executed during the period from December 9, 2021 to February 24, 2022. The purpose of the buyback program is to cover future payments relating to  completed acquisitions and to cover established Incentive Plans.

The buyback program is being initiated pursuant to the authorization granted by the shareholders at the annual general meeting held on April 26, 2021 to repurchase up to nominal 4,694,532 shares of EUR 0,01 each of the Company’s share capital in the period until the annual general meeting in 2022. 

The Company has appointed Nordea as lead manager of the buyback program. Under the agreement with Nordea, Nordea will purchase shares on behalf of the Company and will make its trading decisions independently of, and without influence by the Company.

The buyback program is subject to the following terms:

  • The purpose of the program is to partially cover the Company’s debt obligations related to completed acquisitions, and to cover/hedge future obligations related to established incentive programs.
  • Acquisition of shares shall take place on Nasdaq Stockholm in compliance with the Nordic Main Market Rulebook for Issuers of Shares.
  • The total purchases of own shares will be limited to a total market value of up to 10 mEUR.
  • The maximum number of shares that can be bought is 4,694,532 shares of EUR 0,01 each.
  • Execution of the buyback will take place from December 9, 2021 to February 24, 2022. 
  • Payment for the shares is to be made in cash.

Contacts

Investor Relations:             Christina Bastius Thomsen +45 2363 8844
e-mail:                                 investor@bettercollective.com

This information is such information as Better Collective A/S is obliged to make public pursuant to the EU Market Abuse Regulation.The information was submitted for publication, through the agency of the contact person set out above on December 8, 2021 at 6.00 p.m. CET. 



About Better Collective

Better Collective is a global sports betting media group providing platforms that empower and enhance the betting experience for sports fans and iGamers. Aiming to make betting and gambling more entertaining, transparent and fair, Better Collective offers a range of editorial content, bookmaker information, data insights, betting tips, iGaming communities and educational tools. Its portfolio of websites include bettingexpert.com, VegasInsider.com, HLTV.org and Action Network. Better Collective is headquartered in Copenhagen, Denmark, and listed on Nasdaq Stockholm (BETCO). More information at bettercollective.com


Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Galapagos creates new subscription right plan26.1.2022 22:40:00 CET | Press release

Mechelen, Belgium; 26 January 2022, 22.40 CET; regulated information – GalapagosNV (Euronext & NASDAQ: GLPG) announced today that its supervisory board created 1,000,000subscription rights under a new subscription right plan for the benefit of a member of the personnel of the Company. On 26 January 2022, the supervisory board of Galapagos approved “Subscription Right Plan 2022 (B)”, intended for a new member of the personnel of the Company, within the framework of the authorized capital. Under this subscription right plan, 1,000,000 subscription rights were created, subject to acceptance. Dr. Paul Stoffels will ultimately become the new Subscription Right Holder under the scheme. The subscription rights have an exercise term of eight years as of the date of the offer and have an exercise price of €50. The subscription rights can in principle not be exercised prior to 1 January 2026. Each subscription right gives the right to subscribe to one new Galapagos share. Should the subscription

Galapagos appoints Paul Stoffels as Chief Executive Officer26.1.2022 22:01:00 CET | Press release

Succeeds current Chief Executive Officer and co-founder Onno van de Stolpe, following planned retirementRecognized as inspirational industry leader with exceptional R&D as well as global executive experience, and a strong focus on bringing innovative medicines to patientsOutstanding track record of accelerated product development in biotech and pharma through insightful acquisitions and strategic partnerships Mechelen, Belgium;26January 2022, 22.01CET;regulated information – Galapagos NV (Euronext & NASDAQ: GLPG) is pleased to announce the appointment of Dr. Paul Stoffelsas Chief Executive Officer (CEO),effective April 1, 2022.Dr. Stoffelsbrings an impressive track record of success in innovative drug discovery and development,and a wealth of experience in biotech and pharma, across a range of roles and therapeutic areas. “After a rigorous selection process, we are very pleased to announce Paul as our next CEO. Given his extraordinary R&D as well as managerial experience, extensive net

XBiotech Announces First Patient Enrolled in Phase I Clinical Trial for Novel Arthritis Therapy Natrunix-SQ26.1.2022 15:50:37 CET | Press release

Natrunix-SQ, A True Human Antibody Therapy Discovered and Manufactured at XBiotech, Is Aimed as a Breakthrough Treatment for Arthritic Disease AUSTIN, Texas, Jan. 26, 2022 (GLOBE NEWSWIRE) -- XBiotech Inc. (NASDAQ: XBIT) enrolled the first patient in a randomized, double-blind, placebo-controlled clinical study to evaluate safety and pharmacokinetics of Natrunix-SQ. Natrunix-SQ targets a crucial inflammatory pathway involved in pain and joint destruction in various forms of arthritis. XBiotech believes that Natrunix-SQ may be the most effective means of blocking the inflammatory pathway involved in arthritis and thus could represent a breakthrough treatment for arthritides. The Phase I study represents the launch of the clinical program for Natrunix-SQ for the treatment of rheumatological diseases. The Phase I study will evaluate Natrunix-SQ blood levels in the context of increasing doses. These findings will guide follow-up studies with Natrunix-SQ. Upon successful completion of the P

Real People Investment Holdings Limited changes its name to Evolution Credit Limited26.1.2022 14:30:00 CET | Press release

Real People Investment Holdings Limited (the "Company") has changed its name to Evolution Credit Limited. In connection with the Company's name change, the Real People group will rebrand its Real People Home Improvement Finance business to Evolution Finance and Real People Life will become Evolution Life. The rebranding will not include the debt collection business DMC Debt Management. The Company's NOK Bonds with ISIN NO0010689342 and SEK Bonds with ISIN SE0005392560 admitted to trading on Nasdaq First North Bond Market will continue to be traded under their existing short names RPIH NOK and RPIH SEK, respectively. As from 28 January 2022, the address of the Company's web page will be www.evolution.za.com. For further information, please contact: Carmen Taylor, Head of Governance and Secretarial +27 82 772 5481, carmen.taylor@evolution.za.com Attachment Real People Investment Holdings Limited - Press release re. name change

MCH Group | Ad hoc announcement pursuant to Art. 53 LR | New art fair in Paris26.1.2022 12:30:00 CET | Press release

Art Basel selected to stage new contemporary art fair in Paris MCH Group Ltd., based in Basel/Switzerland, announces that Art Basel has been awarded a seven-year contract to stage a new contemporary art fair in Paris, following a public competition initiated by the "Réunion des musées nationaux – Grand Palais" in December last year. Launching in October 2022, the new art event will take place at the temporary venue "Grand Palais Éphémère" until the restoration of the "Grand Palais" is completed in 2024. Together with the "Réunion des musées nationaux – Grand Palais", Art Basel will strive to create a fair truly rooted in the twenty-first century that radiates throughout the city and is firmly embedded in Paris and its cultural and creative industries. MCH Group intends to establish a new French legal entity and employ a dedicated team on the ground. It is planed to develop an identity and a brand specific to the Parisian fair. "City Activation is a key element in our strategy," says Be

Change to the publication time of Talenom Plc's Financial Statements Bulletin 2021: the release will be published on 8 February 2022 at 9:00 EET26.1.2022 12:00:00 CET | Press release

Talenom Plc, Press release 26 January 2022 at 13:00 EET Change to the publication time of TalenomPlc's Financial Statements Bulletin 2021: the release will be published on 8 February 2022at 9:00 EET Talenom Plc's new publication time for its Financial Statements Bulletin for 2021 is at 9:00 EET on Tuesday 8 February 2022. The previously announced time was at 13:30 EET. The company's CEO Otto-Pekka Huhtala will present the main points of the review in a live webcast on Tuesday 8 February 2022 at 10:00 EET. The live webcast will be in Finnish, but a recording of the event will be published also in English on Talenom’s website https://sijoittajat.talenom.fi/en The live webcast event can be viewed at: https://talenom.videosync.fi/tilinpaatos-2021 Participants will have the opportunity to present questions during the briefing over the webcast platform. Due to the Covid-19 situation, the event is completely virtual. The presentation materials will be published before the start of the briefin

Maha Energy announce spud of Tie-526.1.2022 12:00:00 CET | Press release

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce the spud of the Tie-5 Agua Grande (AG) horizontal well in Brazil. The Tie-5 well was spudded on time as per planned schedule at 0900 (GMT-3) on January 25th on the Tie field in Brazil. The well is designed as a horizontal well and will drain the northern part of the Tie field at the Agua Grande level. As communicated earlier, the Tie-4 well was completed as a vertical producer and tested 4,695 BOEPD on an Electrical Submersible Pump (ESP). The Tie-4 well is now producing through the Tie Production Facility. Jonas Lindvall, CEO of Maha Energy comments: ”In light of the very positive well performance of Tie-4, we are very excited to start drilling the Tie-5 well. Our drilling team in Brazil have significantly improved on the Tie-4 well design and I am confident that we will be able to land the well horizontally in the AG.” Significant changes have been made to the Tie-5 well design to address the drilling issues encou