EQS-News: Multitude SE: The Board of Directors of Multitude SE resolves a share buyback programme (deutsch)
Multitude SE: The Board of Directors of Multitude SE resolves a share buyback programme
EQS-News: 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:
i. 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;
ii. that the shares acquired pursuant to the Programme be distributed
within one year of their acquisition;
iii. 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;
iv. 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;
v. 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
vi. 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 News/Finanznachricht,
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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
ISIN FI4000106299
AXC0045 2024-07-03/07:30
Relevante Links: Multitude SE