Evolution AB (publ) (“Evolution”) has, during the period 6 December 2021 – 10 December 2021, acquired a total of 466,820 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 board of directors of Evolution AB (publ) has, based on the authorisation from the annual general meeting 2021, resolved that the company shall acquire own shares on Nasdaq Stockholm. The purpose of acquisitions of own shares shall be to optimise and improve the capital structure of the company by reducing the capital, thereby creating added shareholder value.
Evolution has received questions with regards to reports of allegations of irregularities. Those allegations originate from an anonymous third party with what appears to be an intention to discredit Evolution. This statement aims to clarify the fundamentals of Evolution’s business model, responsibilities, and way of operating.
Evolution announced today that it has gone live with Ontario Lottery and Gaming Corporation (OLG). Evolution is providing the provincial lottery and gaming agency with Live Casino services for its online casino at OLG.ca from Evolution’s production studio in Vancouver.
Evolution today announced the launch of a custom, dedicated live online casino studio in New Jersey for Penn Interactive, a wholly owned subsidiary of Penn National Gaming, Inc. The new dedicated area, fully branded as ‘Barstool Sportsbook & Casino’, is located within Evolution’s live casino production studio in New Jersey.
At the extraordinary general meeting in Evolution AB (publ) on 6 October 2021, it was resolved to change the number of members of the board of directors, elect a new member of the board of directors as well as amend the fees to be paid to the board of directors.
Evolution has announced that it has signed an agreement with Super Group owned Betway for the provision of Evolution’s online Live Casino and ‘First Person’ RNG-based casino games in the US states of New Jersey and Pennsylvania.
Evolution AB (publ), 556994-5792, holds an extraordinary general meeting on Wednesday 6 October 2021.
