Unibet announces share repurchase

Unibet announces share repurchase

The Board of Unibet Group plc has decided to start exercising the
buy-back mandate which was received at the Annual General Meeting on 12
May 2011.

The authority received on 12 May 2011 was regarding the buy back of GBP
0.005 Ordinary Shares/SDR´s in the Company.

Acquisitions can be made as of 11 August 2011 until next year's Annual
General Meeting. However no acquisitions will be made during a 30-day
period prior to the publication of quarterly results, including the date
of release.

The acquisition of shares/SDR´s will take place on the NASDAQ OMX Nordic
Exchange in Stockholm, and will be based on market terms, prevailing
regulations and the capital situation at any given time. Notification of
any purchases will continuously be made to the NASDAQ OMX Nordic
Exchange in Stockholm.

The objective of the buyback is to achieve added value for the Company´s
shareholders and to give the Board increased flexibility with the
Company´s capital structure.

Following repurchase the intention of the Board is to either cancel, use
as consideration for an acquisition or issue to employees under a Share
Option programme.

Once repurchased under the Maltese Companies Act further shareholder
approval will be required if the shares are to be cancelled.

If used in connection with an acquisition, the intention would be to
issue the shares/SDR´s as consideration, and not to sell them first.

The total number of issued shares/SDRs in Unibet is 28,258,038 of which
190,975 shares/SDRs was repurchased by the Company in 2007.

Board of Directors

Unibet Group plc

 

 

 

 

For more information:

Inga Lundberg, Investor Relations      +44 788 799 6116