Regulatory News (Ad Hoc)

3 September 2024 – Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) a fast-growing, profitable digital media company that provides AI-driven advertising-software solutions, has on 15 July 2024, as announced by the Company on 2 July 2024, issued subsequent bonds (the “Subsequent Bonds”) in an amount of EUR 65 million under the Company’s existing senior secured floating rate bond framework of a maximum EUR 300 million 2022/2026 with ISIN SE0018042277 (the “Bonds”) following a bookbuilding procedure to qualified investors. 

August 29, 2024 (08:00 CEST) – Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER, Inside Information) a fast-growing, profitable digital media company that provides AI-driven advertising-software solutions, publishes its Interim Report Q2 2024.

Stockholm, 13 August 2024: Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to invite investors, analysts, and the media to its Capital Markets Day (“CMD”) on Thursday, August 29, 2024 at 10:00 am CEST in Stockholm.

Disclosure of inside information according to Article 17 MAR of the Regulation (EU) No 596/2014 - August 12, 2024

Net Revenues increased by 27% to 96.6 (76.2) €m

•    26% fx adjusted Organic Revenue Growth (Q2’23: 1%)
•    33% increase in number of Software Clients to 851 (Q2’23: 642)
•    24% increase in Ad Impressions to 224 billion (Q2’23: 181 billion)

Adjusted EBITDA increased by 37% to 29.1 (21.3) €m

•    Structurally improved EBITDA margin of 30% (Q2’23: 28%) due to growing operating leverage
•    Adjusted Net Debt Leverage Ratio reduced to 2.8x (June 2023: 3.2x) 
•    Adj. Net result amounted to 8.8 (Q2’23: 4.0) €m, an increase of 122% 
•    Earnings per Share of 0.04 (Q2’23: 0.01) €, an increase of 308%

Stockholm, 31 July 2024: Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) has concluded the closing of the acquisition of the mobile first digital advertising platform Jun Group. The acquisition is adding strong relationships with leading brands and media agencies in the United States and substantially strengthens the demand side business of Verve.

Stockholm, 04 July 2024: Verve Group SE (("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to invite investors, analysts, and the media to its Capital Markets Day (“CMD”) on Thursday, August 29, 2024 at 10:00 am CEST.

Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to announce the appointment of Alex Stil as its new Chief Commercial Officer who will lead the expansion of the demand side business. Alex brings extensive experience in digital media, brand management and agency ecosystems, positioning him as a pivotal addition to Verve's leadership team.

The board of directors of Verve Group SE (Scale Segment Frankfurt Stock Exchange: VER), (Nasdaq First North Premier Growth Market: VER) (“Verve” or the “Company”) has, in accordance with the announcement made in a press release on June 18, 2024, successfully completed the book-building and resolved on a directed share issue of 27,108,434 new ordinary A shares, based on the authorisation granted by the annual general meeting held on June 13, 2024 (the “Directed Share Issue”). The subscription price in the Directed Share Issue is SEK 16.60 per share and has been determined through an accelerated book-building procedure led by Pareto Securities AB and Swedbank AB (publ) (jointly referred to as "Managers"). The Directed Share Issue was oversubscribed. The investors in the Directed Share Issue consist of a number of Swedish and international institutional investors, including the Company’s two largest shareholders Bodhivas GmbH, owned by Remco Westermann (CEO and Board Member) and funds managed by Oaktree Capital Management, L.P. (“Oaktree”), as well as a highly reputable Swedish multi-family office. Through the Directed Share Issue, Verve will receive gross proceeds amounting to approximately SEK 450 million. 

The board of directors of Verve Group SE (Scale Segment Frankfurt Stock Exchange: VER), (Nasdaq First North Premier Growth Market: VER) (“Verve” or the “Company”) hereby announces its intention to carry out an issue of up to approximately 27 million new ordinary A shares (approximately 17 percent of outstanding share capital) directed to institutional investors through an accelerated book-building procedure pursuant to the authorisation granted by the annual general meeting held on June 13, 2024 (the “Directed Share Issue”). The Directed Share Issue is intended to be carried out in connection with the acquisition of Jun Group (the “Acquisition”), announced by the Company earlier today, to maintain the Company’s desired capital structure with a mid-term pro forma Net Leverage ratio of 1.5-2.5x. Verve has engaged Pareto Securities AB and Swedbank AB (publ) (jointly referred to as the "Managers") to explore the conditions for carrying out the Directed Share Issue.