By The Weekly Edge desk ·
GamblingNews reported that Kenneth Dart increased his Evolution EVO · SEK 800.00 2026-10-16 Data holding above 30%. The additional purchase requires him to make a takeover offer, although the report said his intentions remained unclear.
The shareholding increase triggers a mandatory bid requirement.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
Shareholders face an offer below Evolution’s current trading price, with the board advising them to decline.
Evolution’s board rejection signals to investors that it considers Candle Lake’s mandatory takeover offer below the company’s value.
Crossing the ownership threshold required Candle Lake to make a takeover offer.
The shareholding increase triggers a takeover-offer obligation for Candle Lake.
The increased stake requires Candle Lake to make an offer or cut its ownership.
The bid fulfils the reported mandatory-offer requirement affecting Dart’s Evolution investment.