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Knutsson Holdings AB increases its voting stake in Betsson AB

Friday 01 de May 2020 / 13:12

⏱ 1 min read

(Sweden).- Knutsson Holdings AB – a Swedish investor within the Gaming sector – announced today it has strengthened its shareholdings in Betsson Group by swapping 300,000 B-shares to A-shares. A-shares is a Swedish instrument which gives ten votes for every share instead of one.

Knutsson Holdings AB increases its voting stake in Betsson AB

Knutsson Holdings now has 3,010,000 A-shares and 3,150,000 B-shares which gives 4.3 % of the capital but 11.4 % of the voting rights. Knutsson Holdings has been a major shareholder in Betsson Group since 2007.

“We are proud shareholders in one of the leading European online iGaming companies with several strong brands and we firmly believe Betsson has positioned itself very well in regulated markets and recently started interesting B2B activities with their own developed sportsbook,” commented Michael Knutsson – CEO of Knutsson Holdings.

Categoría:Others

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País: Sweden

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