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Statement re Possible Offer

27 Aug 2015 09:14

RNS Number : 2775X

bwin.party digital entertainment

27 August 2015

bwin.party digital entertainment plc

('bwin.party')

Possible offer from GVC

The Board of bwin.party confirms, further to its discussions with GVC Holdings PLC ('GVC'), that key aspects of GVC's proposal have now been addressed to bwin.party's satisfaction. bwin.party has now asked GVC to clarify, with respect to its proposal, the best terms on which GVC is prepared to make a formal offer to acquire all of the issued and to be issued shares in bwin.party.

Whilst there can be no certainty that an offer will be made by GVC for bwin.party, 888 Holdings plc ('888') has been informed of this development and, if appropriate, will be given due notice in the event that bwin.party proposes to recommend an offer from GVC.

bwin.party's directors' unanimous recommendation of 888's offer, that was announced on 17 July 2015, is unchanged by this announcement.

The Board expects to give a further update concerning these matters on Tuesday, 1st September 2015.

Contacts:

bwin.party digital entertainment plc

InvestorsPeter Reynolds +44 (0) 20 7337 0177Media

Jay Dossetter +44 (0) 20 7337 0134

This information is provided by RNS

The company news service from the London Stock Exchange

END

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2nd Jan 2007	7:01 am	RNS	Response to Partygaming
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19th Sep 2006	3:57 pm	RNS	Holding(s) in Company
7th Sep 2006	7:03 am	RNS	Interim Results
29th Aug 2006	10:00 am	RNS	Results Webcast & Conf Call

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