Märkte & Kurse

Multitude SE: The Board of Directors of Multitude SE resolves a share buyback programme

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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.

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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


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03.07.2024 CET/CEST Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch EQS News - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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Medienarchiv unter https://eqs-news.com

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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
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1938277 03.07.2024 CET/CEST

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