Acquisitions of own shares in Evolution AB (publ)
Evolution AB (publ) ("Evolution") has, on 21 October acquired a total of 130,137 own shares within the framework of the repurchase programme introduced by the board of directors to improve the capital structure of Evolution by reducing the capital, and thereby creating added shareholder value. The repurchase program is thereby completed and closed.
The repurchase programme, which Evolution announced on 18 July 2024, is being implemented in accordance with the EU Market Abuse Regulation No 596/2014 ("MAR") and Commission Delegated Regulation No 2016/1052 ("Safe Harbour Regulation").
On 21 October, shares in Evolution have been acquired as set out below.
Date Aggregated daily Weighted average Daily transaction
volume (number of price per day value per day
shares) (SEK) (SEK)
2024 130,137 958.3685 124,719,201.48
-10
-21
All acquisitions were carried out on Nasdaq Stockholm on behalf of Evolution by Citibank which makes its trading decisions concerning the timing of the purchases of shares independently of Evolution. Following the above acquisitions, Evolution's holding of own shares amounted to 5,270,961 as of 21 October 2024. The total number of shares in Evolution is 211,833,204.
A full breakdown of the transactions conducted according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this press release. Since 19 July up to and including 21 October, a total of 4,481,685 shares have been acquired within the scope of the programme. A maximum of 20,394,044 shares in total may be acquired. For information about all transactions carried out under the repurchase programme, please refer to Nasdaq Stockholm's website, https://www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.
For further information, please contact:
Jacob Kaplan, CFO, ir@evolution.com.
The information was submitted for publication, under the agency of the contact person set out above, on 23 October, 2023, at 08:45 CET.