Regulatory Release 13 /2018
Better Collective A/S (Danish company registration number 27652913) (the "Company") hereby announces that it has received the following notifications according to the Danish Capital Markets Act section 38 regarding the existing direct and indirect major shareholders' holding of shares in the Company. The information contained in this press release is based on a share capital of the Company amounting to 40,487,111 shares, each with a nominal value of EUR 0.01.
Reorganization of holding structure of majority shareholders
Bumble Ventures A/S (Danish company registration number 34721211) directly holding 19,813,572 shares in the Company has on an extraordinary general meeting held at 18.00 CET on 26 September 2018 resolved to distribute its entire direct shareholding in the Company as dividends to its two shareholders, Chr. Dam Holding ApS (Danish company registration number 27652751) and J. Søgaard Holding ApS (Danish company registration number 27652581). The shares distributed as dividend correspond to approximately 48.94 per cent of the total outstanding shares in the Company.
Following the distribution of the shares, Bumble Ventures A/S still indirectly controls 5,236,409 shares in the Company corresponding to approximately 12.93 per cent of the total outstanding shares through its 80 per cent ownership of Better Partners ApS.
After receipt of the distribution shares, Jesper Søgaard and Christian Kirk Rasmussen each controls 9,906,786 shares in the Company through J. Søgaard Holding ApS and Chr. Dam Holding ApS, respectively, corresponding to approximately 24.47 per cent each of the total outstanding shares in the Company (the shares held by Better Partners ApS have not been included in this calculation as neither Jesper Søgaard / J. Søgaard Holding ApS nor Christian Kirk Rasmussen / Chr. Dam Holding ApS has control of such shares due to their 50/50 ownership of Bumble Ventures A/S, cf. below).
Nordea Danmark, filial af Nordea Bank AB (publ) and Skandinaviska Enskilda Banken AB (publ) has consented to the distribution of shares in accordance with the lock-up undertaking assumed by each of Jesper Søgaard and Christian Kirk Rasmussen. The shares distributed from Bumble Ventures A/S to J. Søgaard Holding ApS and Chr. Dam Holding ApS will remain subject to the terms of the lock-up undertaking.
Bumble Ventures A/S and Better Partners ApS
Bumble Ventures A/S is the joint holding company of Jesper Søgaard and Christian Kirk Rasmussen who are the CEO and COO, respectively, of the Company. Jesper Søgaard and Christian Kirk Rasmussen each hold 50 per cent of the
total shares in Bumble Ventures A/S through their respective holding companies Chr. Dam Holding ApS and J. Søgaard Holding ApS.
Better Partners ApS is a subsidiary of Bumble Ventures A/S through its ownership of 80 per cent of the total shares in Better Partners ApS.
Contacts
CFO: Flemming Pedersen
Investor Relations: Christina Bastius Thomsen +45 2363 8844
e-mail: investor@bettercollective.com
This information is such information as Better Collective A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 11:30 p.m. CET on September 26, 2018.
About Better Collective
Better Collective'svision is to empower iGamers through transparency and technology - this is what has made them the world's leading developer of digital platforms for betting tips, bookmaker information and iGaming communities. Better Collective's portfolio includes more than 2,000+ websites and products. This includes bettingexpert.com, the trusted home of tips from expert tipsters and in depth betting theory, and SmartBets, the odds comparison platform made personal.
Attachment
- BC regulatory release no. 13_2018_Major shareholder_26-09-2018 (https://prlibrary-eu.nasdaq.com/Resource/Download/92867454-193e-41a7-83f9-2084af0201b9)
