Multitude SE: The Board of Directors of Multitude SE resolves a share buyback programme
03 Juli 2024 - 7:30AM
EQS Non-Regulatory
Multitude SE / Schlagwort(e): Aktienrückkauf
Multitude SE: The Board of Directors of Multitude SE resolves a
share buyback programme
03.07.2024 / 07:30 CET/CEST
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber
verantwortlich.
Multitude SE: The Board of Directors of Multitude SE resolves
a share buyback programme
Gzira, 3 July 2024 – The Board of Directors of Multitude SE, a
listed European FinTech company, offering digital lending and
online banking services to consumers, small and medium-sized
businesses, and other FinTechs (ISIN: MT0002810100, WKN: A40G1Q)
(“Multitude”, “Company” or “Group”), has,
pursuant to Article 106(4) of the Companies Act (Chapter 386 of the
Laws of Malta) (the “Maltese Companies Act”),
resolved to implement a share buyback programme to repurchase up to
80,000 of the Company’s own shares (the “Programme”) and to
proceed to undertake one or more share buybacks subject to the
satisfaction of a number of conditions, including:
- that the shares acquired pursuant to the Programme be utilised
solely for the purpose of meeting the Company’s obligations arising
from its employee incentive schemes;
- that the shares acquired pursuant to the Programme be
distributed within one year of their acquisition;
- that the acquisition of shares pursuant to the Programme shall
be made in full compliance with the provisions of the Maltese
Companies Act, including that the acquisition of shares pursuant to
this authorisation shall be financed out of profits available for
distribution;
- that any shares acquired pursuant to the Programme be
repurchased through public trading on the Prime Standard of the
Frankfurt Stock Exchange at the prevailing market price on the date
of the relevant repurchase;
- that the Programme may be implemented on one or several
occasions until the earliest of: (i) the completion of the
Company’s re-domiciliation to Switzerland and (ii) 31 December
2024; and
- that the acquisition of shares pursuant to the Programme be
carried out in full compliance with the safe harbour provisions set
out in article 5 of Regulation (EU) 596/2014 (“MAR”) and the
provisions of Delegated Regulation (EU) 2016/1052.
The repurchase of shares will start at the earliest on 3.7.2024
and end at the latest on 31.12.2024. As mentioned above, the
maximum number of shares to be acquired under the Programme is
80,000, corresponding to approximately 0.4% of all shares in the
Company. However, the maximum amount to be used for the acquisition
of shares is EUR 560,000.
Currently, the total number of issued shares in the Company is
21,723,960. At 2.7.2024, the number of treasury shares held
by the Company was 74,993.
Contact:
Lasse Mäkelä
Chief Strategy and IR Officer
Phone: +41 79 371 34 17
E-Mail: Lasse.makela@multitude.com
About Multitude SE :
Multitude is a listed European FinTech company, offering
digital lending and online banking services to consumers, small and
medium-sized businesses, and other FinTechs overlooked by
traditional banks. The services are provided through three
independent business units, which are served by our internal
Banking-as-a-Service Growth Platform. Multitude’s business units
are consumer banking (Ferratum), SME banking (CapitalBox) and
wholesale banking (Multitude Bank). Multitude Group employs over
700 people in 25 countries and offers services in 16 countries,
achieving a combined turnover of 230 million euros in 2023.
Multitude was founded in Finland in 2005 and is listed on the Prime
Standard segment of the Frankfurt Stock Exchange under the symbol
'E4I'. www.multitude.com
03.07.2024 CET/CEST Veröffentlichung einer Corporate
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|
Sprache: |
Deutsch |
Unternehmen: |
Multitude SE |
| Ratamestarinkatu 11 A |
| 00520 Helsinki |
| Finnland |
E-Mail: |
ir@multitude.com |
Internet: |
https://www.multitude.com/ |
ISIN: |
FI4000106299 |
WKN: |
A1W9NS |
Börsen: |
Regulierter Markt in Frankfurt (Prime
Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart, Tradegate Exchange; Stockholm |
EQS News ID: |
1938277 |
|
Ende der Mitteilung |
EQS News-Service |
1938277 03.07.2024 CET/CEST
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