|Bid||85.10 x 0|
|Ask||85.90 x 0|
|Day's Range||85.00 - 85.90|
|52 Week Range||51.74 - 94.20|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||567.33|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||84.71|
Better Collective A/S (Danish company registration number 27652913) (the ”Company”) hereby announces that it has received the following notification 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 42,260,622 shares, each with a nominal value of EUR 0.01. Better Partners ApS (Danish company registration number 34722129), directly holding 5,236,409 shares in the Company, has today been dissolved through a demerger and as a result will no longer be a major shareholder in the Company.
Regulatory release 22 Pursuant to the Market Abuse Regulation article 19, Better Collective A/S, CVR no. 27652913, hereby notifies receipt of information of the following.
Regulatory release no. 21 Highlights second quarter 2019 Q2 Revenue grew by 64% to 15,834 tEUR (Q2 2018: 9,662 tEUR). Organic revenue growth was 18%. The growth was supported.
Press release Better Collective, the world’s leading developer of digital platforms for bookmaker information, iGaming communities, and betting tips, will publish its interim.
Better Collective A/S (STO:BETCO) is a stock with outstanding fundamental characteristics. When we build an investment...
Better Collective has, through a wholly-owned US subsidiary, completed the acquisition of the assets of Florida based Vegasinsider.com and Scoresandodds.com for a total transaction price of 20 million USD to be paid in cash. Better Collective, the world’s leading sports betting affiliate, has acquired two of the leading sports betting websites in the United States (US). The brands have been market leading within sports betting information for more than 20 years and are expected to become market leading affiliate websites in those states where online sports betting is available.
Better Collective (BETCO.ST) launches a partnership division and signs an agreement with NJ Advance Media LCC to deliver its innovative technology and content for sports betting and casino on www.nj.com. Better Collective, the world’s leading developer of digital platforms for bookmaker information, iGaming communities and betting tips, is joining forces with NJ Advance Media LCC to bring the best in sports betting and casino content to New Jersey’s largest news site, www.nj.com.
Regulatory release 19/2019 During June, the number of shares and votes in Better Collective A/S has increased. As of June 28, 2019, the number of shares and votes in Better.
Better Collective USA, Inc. (“Better Collective USA”), a wholly-owned subsidiary of Better Collective A/S which is the world’s leading developer of digital platforms for bookmaker information, iGaming communities, and betting tips, has had its application for an Ancillary Casino Service Industry Enterprise License in New Jersey deemed complete. This determination allows Better Collective USA to enter into revenue share partnerships with operators in the state of New Jersey. On June 25, 2019, the New Jersey Division of Gaming Enforcement deemed Better Collective USA’ application for an Ancillary Casino Service Industry Enterprise License complete and with that, the company can start working on partnerships based on a revenue share model in addition to the cost per acquisition (CPA) model that it has been working on this far.
Regulatory Release 17/2019 Today on June 24, 2019, an extraordinary general meeting of Better Collective was held at Toldbodgade 12, 1253 Copenhagen K At the meeting,.
Better Collective, the world’s leading developer of digital platforms for bookmaker information, iGaming communities, and betting tips, has today established a new credit facility with Nordea Bank of additionally DKK 300 million (approximately EUR 40 million), including which the total credit facilities with Nordea amounts to DKK 600 million (approximately EUR 80 million). Since the IPO last year, Better Collective has invested a total value of EUR 100 million in acquisitions that have been financed by a combination of proceeds from the IPO, cash flow from operations and committed bank credit lines with Nordea.
Pursuant to the authorisation stated in section 4.1, and the warrants issued under sections 5.1 and 5.3, of the articles of association of Better Collective A/S, the Board of Directors has resolved to issue 876,784 new ordinary shares in Better Collective A/S, equal to shares with a nominal value of EUR 8,767.84. The price per share is equal to approximately 7.74 percent discount to the closing price on Wednesday, June 12, 2019. 479,340 of the new shares have been subscribed for by the members of the board of directors at a price per share of DKK 12.962962 (SEK 18.497377) by exercise of warrants.
In 2017 and 2018, prior to the listing of Better Collective A/S on Nasdaq Stockholm, the company has issued 719,010 warrants to the current members of the board of directors in Better Collective A/S. The warrants are exercisable in the period between 3 June 2019 and 1 July 2019 at an exercise price of approx. DKK 12.96 per warrant. Reference is made to schedule 1 of the company’s articles of association and page 110 of the prospectus. Better Collective A/S has today exercised an option in the warrant terms to settle 1/3 of the warrants in cash by payment of an amount corresponding to the difference between the closing share price on the date of exercise and the exercise price.
Press Release On June 10, 2019, CFO Flemming Pedersen will be presenting the latest developments in the company at Redeye Growth Day at 4.10 pm. The presentation will take.
Proposal from the board of directors to establish an incentive program, including an authorisation to the board of directors to issue warrants to key employees and members of the executive management. Proposal from the board of directors to authorise the board of directors to amend the terms of previously issued warrants under warrant program IV. The board of directors will appoint attorney-at-law Andreas Nielsen as chairman of the meeting in accordance with section 6.7.1 of the company’s articles of association.
Better Collective, the world’s leading developer of digital platforms for bookmaker information, iGaming communities, and betting tips, has today completed an acquisition of 60% of the shares in Rical LLC (“RotoGrinders”) (which operates rotogrinders.com, pocketfives.com, sportshandle.com, usbets.com, and pennbets.com) for 21 million USD. In the period 2022-2024, Better Collective will acquire the remaining 40% of the shares of RotoGrinders at a valuation based upon an EBITDA multiple between 5x and 10x. The valuation will be determined by the future growth and profitability of RotoGrinders and Better Collective’s other business in the United States.
World leading iGaming affiliate, Better Collective, co-founds new trade association, Responsible Affiliates in Gambling, that is established to promote the socially responsible marketing of gambling products and a safer gambling environment for consumers. The three iGaming actors Better Collective, Oddschecker and Racing Post have launched the trade association, Responsible Affiliates in Gambling (RAIG), as they recognise the role affiliate marketing providers must play as part of wider industry initiatives in the UK to promote social responsibility and a safer gambling environment for consumers.
Pursuant to the authorisation granted to the Board of Directors of Better Collective A/S at the company’s annual general meeting on 25 April 2019, the Board of Directors has resolved to issue 896,727 new ordinary shares in Better Collective A/S, equal to shares with a nominal value of EUR 8,967.27.
Regulatory release no. 8 Highlights first quarter 2019 Q1 Revenue grew by 97% to 14,905 tEUR (Q1 2018: 7,552 tEUR). Organic revenue growth was 41% (Q1 2018: 1%). The growth.
Reference is made to Regulatory Release 17/2018 “Better Collective establishes strong position in the Swedish sports betting market with the acquisition of Ribacka Group for up to 30 million EUR” released on 21 December 2018. Pursuant to share sales and purchase agreement entered into between Better Collective and the sellers of Ribacka Group AB, the Board of Directors has resolved to complete the payment of the second installment of the purchase price, 6 million EUR, for the acquisition of Ribacka Group by issue of 896,727 new ordinary shares in Better Collective A/S, equal to shares with a nominal value of EUR 8,967.27 . The new shares will be issued on or about 9 May 2019 pursuant to the authorisation granted to the Board of Directors of Better Collective A/S at the company’s annual general meeting on 25 April 2019.
At the Global Regulatory Awards 2019, world leading iGaming affiliate, Better Collective, wins the Award for Commitment to Compliance by an Affiliate Company. Here, winners of 17 award categories were announced as the award show sets to promote best-practices within the field of regulatory compliance and responsible gambling. In the award category Commitment to Compliance by an Affiliate Company, Danish based affiliate Better Collective took home the prize for their industry-leading compliance initiatives.