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Partial Withdrawal of Letter of Intent Playtech

9th Nov 2021 15:02

RNS Number : 8416R
Setanta Asset Management Limited
09 November 2021
 

 

 Setanta Asset Management Limited

Beresford Court Beresford Place Dublin 1

 

Telephone: +353 1 612 4900

Web: www.setanta-asset.com

 

9th November 2021

 

To whom it may concern,

 

Partial Withdrawal of Letter of Intent: Acquisition of Playtech plc (the "Company") and disposal by the Company of Finalto

On 17th October 2021, Setanta Asset Management Limited provided a Letter of Intent regarding our intentions in relation to 26,670,517 shares.

In accordance with The City Code on Takeovers and Mergers, subject to clause 2.7 of our Letter of Intent, we have disposed of 156 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 26,670,361 shares, being the remainder, remains as described in our Letter of Intent.

 

Yours faithfully,

 

 

For and on behalf of Setanta Asset Management Limited

 

Donal Woodcock

Head of Compliance and Business Risk

 

 

 

 

 

 

 

 

 

Setanta Asset Management Limited is regulated by the Central Bank of Ireland. Registered Office: Beresford Court, Beresford Place, Dublin 1, Ireland. Registered in Ireland Number 297730

Directors: Raman Srivastava (Chairman, Canadian); Kieran Dempsey (Managing); Ruairí O'Flynn; Patrick Burke; Rose McHugh

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