Veralda Investment Ltd has divested shares in Kambi Group Plc at a price of SEK 462 per share resulting in gross proceeds of SEK 312 million. The divestment was carried out through an accelerated bookbuilding procedure and was offered to Swedish and international institutional investors.

Kambi is a B2B provider of fully managed sports betting services on an in-house developed software platform, providing premium turnkey sports betting services to B2C operators. Following the share sale, Veralda will hold approximately 5.4 million shares in Kambi, corresponding to 17.5% of the ordinary share capital.

ABG Sundal Collier acted as sole global coordinator and bookrunner. Baker McKenzie acted as legal advisor with a capital markets team consisting of Joakim Falkner and Ian Gulam.

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