22nd Oct 2021 09:27
RNS Number : 9529P
Schroders PLC
22 October 2021
Letter of Intent: Acquisition of Playtech plc and disposal by the Company of Finalto
On 17th 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 590,026 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 10,202,662 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: [email protected]
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Related Shares:
PlaytechSchroders
