TIDMPTEC

RNS Number : 8352U

Takeover Panel

07 December 2021

2021/28

PLAYTECH PLC ("PLAYTECH")

ARISTOCRAT (UK) HOLDINGS LIMITED, A WHOLLY OWNED SUBSIDIARY OF ARISTOCRAT LEISURE LIMITED ("ARISTOCRAT")

JKO PLAY LIMITED ("JKO")

On 17 October 2021, the boards of Aristocrat and Playtech announced that they had reached agreement on the terms of a recommended firm offer for Playtech (the "Aristocrat Offer"), to be implemented by means of a scheme of arrangement.

On 12 November 2021, Playtech announced the publication of the scheme circular in relation to the Aristocrat Offer. That circular included notice of the shareholder meetings to approve the Aristocrat Offer, which are scheduled to be held on 12 January 2022.

On 17 November 2021, Playtech announced that it had received a preliminary approach from JKO with respect to a possible offer for Playtech.

Pursuant to Rule 2.6(d) and Section 4 of Appendix 7 of the Takeover Code, the Panel Executive has ruled that, unless the Executive consents otherwise, JKO must, by 5.00pm on 5 January 2022, being the seventh day prior to the date of the shareholder meetings, either announce a firm intention to make an offer for Playtech under Rule 2.7 of the Code or announce that it does not intend to make an offer for Playtech. This deadline will cease to apply if, before that time, a third party other than JKO has announced a firm intention to make an offer for Playtech under Rule 2.7.

Each of Playtech, Aristocrat and JKO has accepted this ruling.

7 December 2021

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POTEAEAXEDPFFFA

(END) Dow Jones Newswires

December 07, 2021 05:41 ET (10:41 GMT)

Playtech (LSE:PTEC)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Playtech.
Playtech (LSE:PTEC)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Playtech.