Rovio Leisure Oyj Inventory Change Launch September 23, 2022 at 9:30 a.m
Rovio Leisure Oyj begins its personal share buyback program
The board of Rovio Leisure Oyj has determined to make use of the authorization given by the final assembly held on April 7, 2022 to purchase again the Firm’s personal shares.
The aim of the share buyback program is to develop the Firm’s capital construction and/or to make use of the shares as consideration in attainable acquisitions, as a part of the Firm’s share-based incentive system, and in any other case to be additional transferred, held by the corporate or cancelled.
The acquisition of personal shares will begin on September 26, 2022 on the earliest and can finish on December 31, 2022 on the newest. The quantity to be acquired is a most of 800,000 shares and the sum of money for use is a most of EUR 6.0 million. The variety of today techs shares corresponds to roughly 1.0 p.c of all Rovio Leisure Oyj’s shares. The shares are acquired in buying and selling organized by Nasdaq Helsinki Oy on the regulated market on the market value on the time of acquisition. The acquisition of the corporate’s personal shares is financed with the corporate’s free fairness.
Rovio Leisure Oyj’s board of administrators is allowed by the final assembly to amass and/or pledge its personal shares in order that the variety of personal shares to be acquired and/or pledged is usually a most of 8,210,120 shares.
The variety of shares in Rovio Leisure Oyj is at present 82,963,825 and the Firm holds 7,411,416 of its personal shares.
ROVIO ENTERTAINMENT OYJ
Rene Lindell, CFO
Press telephone: 040 485 8985
Nasdaq Helsinki Ltd
Rovio in short:
Rovio Leisure Oyj is a worldwide sport firm centered on cellular video games, which creates, develops and publishes cellular video games today techs which have already been downloaded greater than 5 billion occasions. Rovio is today techs finest recognized for its Indignant Birds model, which originated as a cellular sport in 2009, and has since expanded from video games by means of licensing to numerous leisure, animation and client product classes. Rovio has produced the Indignant Birds film in 2016, and the sequel, The Indignant Birds Film 2, was launched in 2019. Rovio provides a number of cellular video games and the corporate has seven sport studios – two in Espoo (Finland), and one in Stockholm (Sweden), Copenhagen (Denmark) ), in Montreal and Toronto (Canada). The studios additionally embrace Ruby Video games, a subsidiary purchased in 2021 in Izmir (Turkey). Many of the personnel is in Finland, the place Rovio’s head workplace can be positioned. Rovio is listed on the principle checklist of NASDAQ Helsinki beneath the image ROVIO.