Tag Archives: Stockholm

The board of Catena Media Plc has authorised the company to proceed with a new SEK 55m (€4.8m) share buyback programme. The transaction was ratified at an extraordinary general meeting held on 12 July 2023, following an initial resolution at the annual general meeting on 24 May 2023. Catena explained that “the purpose of the programme is to deliver shareholder …

Better Collective AS has upgraded its financial targets for 2023 trading, as the Stockholm-listed media publisher continues to benefit from a record-breaking Q1 momentum. Updating shareholders, Better Collective expects its FY2023 revenue target to stand in the €315m-€325m range, up from the previous target of €305m-€315m – results implying a growth of 17-21%. Likewise, Better Collective anticipates its FY2023 EBITDA …

The board of Gaming Innovation Group (GiG) has confirmed that CEO Richard Brown will conclude his leadership tenure at the Nasdaq Stockholm igaming technology supplier on 31 December 2023. This decision comes as GiG continues its strategic review, announced in February, which upholds the objective of splitting the company into two separate businesses of GiG Media and Platform-&-Sportsbook solutions. Investors …

Kindred Group Plc has announced this morning that Johan Wilsby will leave his position as Chief Financial Officer (CFO) later this year.  An executive search process has been initiated to find the successor of Wilsby who has served as CFO of the Stockholm-listed online gambling group since September 2020. “Kindred is a dynamic company and Johan has been instrumental in …

Kambi Group Plc’s board has repurchased 106,976 shares between 3-9 May as part of its approved share buyback programme. The shares of the Stockholm-listed technology group were bought at an average price of SEK199.04 (£15.42/€17.77) per share. The aim of the buyback was to provide capital to its shareholders and give the board flexibility concerning the company’s capital structure. The …

Kambi Group Plc has reported a strong commercial start to 2023 trading despite its financial performance being impacted by negative FX headwinds.  Publishing its Q1 2023 trading update, the Stockholm-listed sportsbook supplier showcased strong growth in both revenue and operator turnover, generating revenues of €44m, a notable 18% increase from €36.9m in Q1 2022.  Headline growth was attributed to the …

Better Collective AS continues to diversify its media services, by announcing that it has agreed to acquire Skycon Limited for a total consideration of up to £45m.  The transaction will see the Stockholm-listed media group expand its capabilities within digital display advertising, by integrating Skycon assets to expand its Paid Media unit and acquiring its ‘recurring revenue share database’ .  …

Catena Media Plc has settled its shareholder subscription options related to warrant rights issued for the period of 2020-to-2024. The Stockholm-listed media publisher had previously alerted shareholders of its intentions to exercise warrants following its Q4 2022 trading results.   The transaction saw 6,663,913 of warrants paid by Catena, corresponding to approximately 19.7% of all outstanding warrants being exercised for cash …

Spelinspektionen – Sweden’s gambling inspectorate, has called on all gambling policy stakeholders and industry leadership of Nordic gambling markets to join its ‘Live Seminar’ on 21 March 2023.  The event will be hosted at the Stockholm Waterfront from 10am-to-5pm and will provide the most comprehensive analysis of Nordic gambling market’s policy developments and wider issues impacting regulatory affairs. “Together with …

Better Collective AS has launched a share buyback programme, capped at €10m, that will be initiated from 22 February to 24 April 2023. The announcement follows the publication of the firm’s Q4 and 2022 results, in which the it achieved its full-year revenues of €270m combined with an EBITDA result of €85m. The buyback programme has been activated to help …