La Française des Jeux SA’s (“FDJ”) recommended public offer to the holders of Swedish Depository Receipts (the “SDRs”) in Kindred Group plc (“Kindred” or the “Company”) to tender all their SDRs in the Company at a price of SEK 130 in cash per SDR (the “Offer”) was declared unconditional on 3 October 2024. After the end of the extended acceptance period, FDJ controls in total approximately 98.60 percent of the outstanding SDRs in the Company. Against this background, the board of directors of Kin...
Notice is hereby given to the shareholders of Kindred Group plc (“Kindred” or the “Company”) of the notice received by the Company from La Française des Jeux (“FDJ”) on 3 October 2024 constituting a squeeze-out notice in terms of Article 34B of the Company’s Articles of Association (“Articles”).
Results of the Offer
The Board of Directors refers to the statement made by the Board of Directors of the Company in relation to the recommended public cash offer to the holders of Swedish Depository...
For the third quarter of 2024, Kindred’s Gross winnings revenue from high-risk players reached 3.2 per cent, an increase from the previous quarter. While it is an increase, Kindred remains fully dedicated to lowering this share of revenue and continues to see a sustainable behaviour change from players after interventions.
Kindred Group plc (Kindred) reports a slight increase in its share of revenue from high-risk players for the third quarter 2024 at 3.2 per cent (Q2 2024 3.0 per cent). The per...
Kindred Group, under its flagship brand Unibet, has announced a multiyear renewal of its partnership with the National Hockey League (NHL) in Sweden. The partnership solidifies Unibet as the leading operator for ice hockey betting in Sweden and enables the NHL to continue to serve its robust fanbase in the country
Kindred Group plc (Kindred) has announced a multiyear renewal as an Official Partner of the NHL. Through the partnership, Kindred’s flagship brand Unibet will continue to have access t...
Kindred Group announces third quarter total revenue in connection with La Française des Jeux’s (FDJ) tender offer to acquire Kindred Group. In its 9 months revenue press release to be published after the market closes on 17 October, FDJ will disclose combined group revenue with Kindred revenue estimated on the basis of the scope that would effectively be retained by FDJ. Kindred’s revenue and share of locally regulated Gross winnings revenue for the third quarter 2024 are in line with expectatio...
The Global Online Gambling Market Size was Valued at USD 84.79 Billion in 2023 and the Worldwide Online Gambling Market Size is Expected to Reach USD 164.53 Billion by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: Sky Betting and Gaming, Betsson AB, Française des Jeux, Aristocrat, 888 Holdings PLC, The Stars Group Inc., William Hill PLC, Light & Wonder, Kindred Group PLC, Paddy Power Betfair PLC, Las Vegas Sands, Ladbrokes Coral Group PLC, ...
This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictio...
Solid performance sets steady path towards our annual guidance
Kindred Group plc – Interim report: January – June 2024 (unaudited)
Second quarter 2024
· Total revenue was GBP 327.6 (307.3) million, an increase of 7 per cent.
· Gross winnings revenue (B2C) increased by 6 per cent to GBP 317.2 (298.3) million.
· Underlying EBITDA increased by 32 per cent to GBP 73.6 (55.7) million.
· Profit before tax was GBP 55.6 (33.1) million.
· Profit after tax was GBP 44.5 (27.7) million.
· Prof...
Kindred Group plc will publish its interim report for the second quarter 2024 on Wednesday 24 July 2024 at 07.30 (CEST).
In connection with this, Kindred Group’s CEO Nils Andén and Interim CFO Patrick Kortman will host a web presentation in English at 10.00 (CEST) which is webcasted live on https://www.kindredgroup.com/Q22024.
To access the telephone conference in connection with the presentation, please register at https://conference.financialhearings.com/teleconference/?id=50047081. After reg...
At Kindred Group plc’s (“Kindred”) annual general meeting held on 26 April 2024 (the “AGM”) 35.01 per cent in nominal value of the total shares/Swedish depository receipts (“SDRs”) in issue were represented.
At the AGM, Evert Carlsson, James H. Gemmel, Heidi Skogster, Cédric Boireau, Jonas Jansson, Andy McCue, Martin Randel and Kenneth Shea were re-elected as Directors of the Company. In addition, Evert Carlsson was re-appointed as the Chairman of the Board.
In addition, at the AGM, the resolu...
This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictio...
Kindred Group plc will publish its interim report for the first quarter 2024 on Wednesday 24 April 2024 at 07.30 (CEST).
In connection with this, Kindred Group’s CEO Nils Andén and Interim CFO Patrick Kortman will host a web presentation in English at 10.00 (CEST) which is webcasted live on https://www.kindredgroup.com/Q12024.
To access the telephone conference in connection with the presentation, please register at https://conference.financialhearings.com/teleconference/?id=5006359 (https://eu...
NOTICE IS HEREBY GIVEN that THE ANNUAL GENERAL MEETING (“AGM”) of Kindred Group plc (C 39017) (the “Company”) will be held on Friday 26 April 2024 at 10:00 CEST at Kindred’s office, Regeringsgatan 25, Stockholm, Sweden.
Notice to holders of Swedish Depository Receipts (“SDRs”)
Holders of SDRs who wish to exercise their voting right at the AGM must:
(i) be registered in the register kept by Euroclear Sweden AB by Tuesday 16 April 2024 (the “Record Date”); and
(ii) no later than Friday 19 April...
This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictio...
Today at the extraordinary general meeting of Kindred Group plc (“Kindred” or the “Company”) the meeting resolved to approve the Board of Directors’ proposal to amend the Company’s current Memorandum and Articles of Association to, inter alia, include squeeze-out rights for an offeror.
At Kindred’s extraordinary general meeting held on 15 March 2024 (the “EGM”) 41.64 percent in nominal value of the total shares/Swedish depository receipts (“SDRs”) in issue were represented at the meeting and 99....
Kindred Group has today published its combined Annual and Sustainability Report for the 2023 financial year. The report can be accessed on Kindred Group’s website www.kindredgroup.com.
Kindred Group plc (Kindred) has today published its combined Annual and Sustainability Report for the 2023 financial year. The report provides an introduction to Kindred as a company and the Group’s strategy and key value creation drivers.
In his CEO comment, Nils Andén summarises the year and highlights Kindred’...
