Buy-back of shares in MTG during week 50, 2023

Buy-back of shares in MTG during week 50, 2023

Stockholm
December 19, 2023
18.30 CET
During the period between 11 December and 15 December 2023 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) repurchased, in total, 151,649 own class B shares (ISIN code SE0018012494) under the share repurchase program initiated by the Board of Directors to deliver shareholder value and to optimize the capital structure of the company.

The share buy-backs form a part of the share repurchase program of a maximum of 6,283,278 shares for a maximum amount of SEK 300 million, which MTG announced on 1 September 2023. The share repurchase program, which runs from 4 September 2023 until 31 December 2023, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”). The objectives of the share buy-backs are to deliver shareholder value and to optimize the capital structure of the company. The intention is to reduce MTG’s share capital through subsequent share cancellations.

Class B shares in MTG have been repurchased (in SEK) as follows:

Date Aggregated daily volume (number of shares) Weighted average share price per day (SEK) Total daily transaction value (SEK)
11/12/2023 21,981 86.6602 1,904,877.86
12/12/2023 26,289 85.4330 2,245,948.14
13/12/2023 23,609 84.4673 1,994,188.49
14/12/2023 50,853 86.3978 4,393,587.32
15/12/2023 28,917 86.1670 2,491,691.14
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All acquisitions have been carried out on Nasdaq Stockholm by Kepler Cheuvreux on behalf of MTG. Following the above acquisitions, MTG’s holding of own shares as of 15 December 2023 amounts to 3,492,477 class B shares and 6,324,343 class C shares. The total number of shares in MTG amounts to 131,668,727.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.

För mer information:

Anton Gourman, VP Communications and IR
Direkt: +46 73 661 8488, anton.gourman@mtg.com

Följ oss: mtg.com / Twitter / LinkedIn

Om MTG

MTG (Modern Times Group MTG AB (publ.)) (www.mtg.com) är en internationell mobilspelskoncern som äger och driver spelutvecklare med globalt populära titlar som sträcker sig över en bred uppsättning genrer inom casual- och mid-core-spel. Koncernen fokuserar på att accelerera portföljbolagens tillväxt och stödja grundare och entreprenörer. MTG är en aktiv aktör i den pågående konsolideringen av spelindustrin och en strategisk köpare av gamingbolag världen runt. Vi kommer från Sverige men har en internationell kultur och globalt fotavtryck. Våra aktier är noterade på Nasdaq Stockholm under symbolerna MTGA och MTGB.

Download the press files:
Buyback Appendix ENG Week 50