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Information on the mandatory public offer from Candle Lake

Information on the mandatory public offer from Candle Lake

On 24 July 2026, Candle Lake Limited (“Candle Lake”) announced that it had attained a direct holding of approximately 30.02 percent of the total number of shares and votes in Evolution, which meant that Candle Lake exceeded the mandatory bid threshold pursuant to the Swedish Act on Public Takeovers on the Stock Market. On 13 August 2026, Candle Lake made a mandatory offer (the “Offer”) to the shareholders of Evolution at a price of SEK 695 per share, payable in cash.

The board of directors recommends the shareholders to not accept the Offer.

For more information, please refer to Candle Lakes webpage for the Offer, www.gaming-offer.com.

Press releases:

Statement by the board of directors of Evolution AB regarding the mandatory cash offer from Candle Lake Limited.

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