EQS-News: Multitude SE: The Board of Directors of Multitude SE has decided to start a share buyback programme (deutsch)

Multitude SE: The Board of Directors of Multitude SE has decided to start a share buyback programme

^
EQS-News: Multitude SE / Schlagwort(e): Aktienrückkauf
Multitude SE: The Board of Directors of Multitude SE has decided to start a
share buyback programme

16.05.2024 / 07:30 CET/CEST
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

---------------------------------------------------------------------------

Multitude SE: The Board of Directors of Multitude SE has decided to start a
share buyback programme

Helsinki, 16 May 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: FI4000106299, WKN: A1W9NS) ("Multitude", "Company" or "Group") "),
has, based on the authorization granted by the Annual General Meeting held
on 25 April 2024, resolved to implement a share buyback programme for a
total of maximum 2,172,396 shares in the company, in one or several
tranches, by using the company's unrestricted equity. The authorisation
entitles the Board of Directors to decide to repurchase shares or accept
shares as pledge also otherwise than in proportion to the shareholders'
holding in the company by way of directed repurchase.

The purpose of the repurchase of shares is, and the shares to be repurchased
may be used, to meet obligations arising from the company's incentive
schemes or as a means of payment in acquisitions and other similar
arrangements relating to the company's business. There is therefore a
weighty economic reason for the directed repurchase of shares.

The repurchase of shares will start at the earliest on 17.5.2024 and will
end at the latest on 30.6.2024. The maximum number of shares to be acquired
is 100,000, which corresponds to approximately 0.5% of all shares in the
company. However, the maximum amount to be used for the acquisition of
shares is EUR 700,000. The shares will be repurchased through public trading
on the Prime Standard of the Frankfurt Stock Exchange. The price to be paid
for the shares will be determined on the basis of the share price prevailing
on the Prime Standard of the Frankfurt Stock Exchange at the time of
repurchase.

At the moment, the total number of shares in the Company is 21,723,960. The
number of the treasury shares held by the company is 60,036 at 16.5.2024.

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 'FRU'. www.multitude.com

---------------------------------------------------------------------------

16.05.2024 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.

Die EQS Distributionsservices umfassen gesetzliche Meldepflichten, Corporate
News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter https://eqs-news.com

---------------------------------------------------------------------------

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: 1904291

Ende der Mitteilung EQS News-Service
---------------------------------------------------------------------------

1904291 16.05.2024 CET/CEST

°

Quelle: dpa-AFX