Schroders PLC Partial withdrawl of Letter of Intent (1693Q)
25 Octubre 2021 - 8:01AM
UK Regulatory
TIDMSDR TIDMPTEC
RNS Number : 1693Q
Schroders PLC
25 October 2021
Letter of Intent: Acquisition of Playtech plc and disposal by
the Company of Finalto
On 17(th) October 2021, Schroder Investment Management Limited
provided a Letter of Intent regarding our intentions in relation to
10,792,688 shares.
In accordance with The City Code on Takeovers and Mergers, Rule
2.11 (d)(i), we advise that, subject to clause 2.6 of the letter of
intent, we have disposed of a further 800,963 shares, and are no
longer in a position to accept or procure the acceptance of the
Offer, in relation to those shares.
Our intention in respect of 9,401,699 shares, being the
remainder, remains as described in the Letter of Intent.
Taryn Holland
Senior Compliance Manager
Schroders Group Compliance
Tel: +44(0)207 658 2959
e-mail: taryn.holland@schroders.com
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