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    KIND SDB   SE0007871645

KINDRED GROUP PLC

(KIND SDB)
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Kindred : Exchange rates for the fourth quarter of 2019

01/07/2020 | 01:03am EDT
Exchange rates for the fourth quarter of 2019
The net foreign exchange impact of the Kindred Group's main trading currencies
against its reporting currency of GBP is shown in the tables below. While this
has no material impact on the underlying development of the Kindred Group's
business, it does affect the reported results when translated into GBP.

The weighted average impact of GBP against the Kindred Group's main currencies
was a negative impact on Gross winnings revenue of approximately 3 per cent in
the fourth quarter of 2019 compared to the same period of 2018.

Balance sheet rates:
Rate to GBP           31-Dec-19     31-Dec-18     YoY Delta
SEK                      12.279        11.464         -7.1%
NOK                      11.594        11.121         -4.3%
EUR                       1.175         1.118         -5.1%
DKK                       8.782         8.348         -5.2%
AUD                       1.880         1.813         -3.7%

Income statement
averages for the
quarter:
Rate to GBP           Avg Q4 19     Avg Q4 18     YoY Delta
SEK                      12.372        11.637         -6.3%
NOK                      11.723        10.865         -7.9%
EUR                       1.162         1.127         -3.1%
DKK                       8.684         8.413         -3.2%
AUD                       1.883         1.794         -5.0%

This information is such that Kindred Group plc is required to disclose under
the EU Regulation of Market Abuse, MAR.

For more information:

Inga Lundberg, Investor Relations, +44 788 799 6116

About Kindred Group

Kindred Group is one of the world's leading online gambling operators with
business across Europe, Australia and the USA, offering over 26 million
customers across 11 brands a great form of entertainment in a safe, fair and
sustainable environment. The company, which employs about 1,600 people, is
listed on Nasdaq Stockholm Large Cap and is a founding member of the European
Gaming and Betting Association (EGBA) and founding member of IBIA (International
Betting Integrity Association). Kindred Group is audited and certified by eCOGRA
for compliance with the 2014 EU Recommendation on Consumer Protection and
Responsible Gambling (2014/478/EU). Read more on www.kindredgroup.com.

Nasdaq Stockholm, KIND-SDB

Attachments:
01062494.pdf

Disclaimer

Kindred Group plc published this content on 07 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2020 06:02:00 UTC


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