Kreate holds 90,000 of its own shares
Own shares
Board of Directors
The General Meeting held on 28 March 2025 authorized the Board of Directors to decide on the acquisition and pledging of the company’s own shares as follows:
The total number of own shares to be acquired or pledged may not exceed 898,000 shares. Kreate, together with its subsidiaries, may not at any time own and/or hold as pledge more than 10 percent of all shares in Kreate. Own shares may be acquired under the authorization only using Kreate’s unrestricted equity.
Own shares may be acquired in one or several installments on the regulated market where Kreate shares are traded, at the market price prevailing on the acquisition date or at a price otherwise determined on the market.
The Board of Directors of Kreate decides how the shares are acquired and pledged. Derivatives may also be used in the acquisition of own shares. Shares may be acquired in a directed manner, i.e., not in proportion to shareholders’ existing holdings.
The company’s own shares may be acquired and pledged, for example, to limit dilution caused by share issues executed in connection with potential acquisitions, to develop Kreate’s capital structure, to be transferred in connection with potential acquisitions, used in incentive schemes, or cancelled, provided that the acquisition is in the interest of Kreate and its shareholders.
The authorization is valid until the end of Kreate’s next Annual General Meeting, but no later than 30 June 2026. The authorization revokes all previous unused authorizations regarding the acquisition and pledging of the company’s own shares.