The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPlaytech Regulatory News (PTEC)

Share Price Information for Playtech (PTEC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 485.00
Bid: 492.50
Ask: 494.00
Change: 0.00 (0.00%)
Spread: 1.50 (0.305%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 485.00
PTEC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Consob approval of offer for Snaitech S.p.A.

22 Jun 2018 07:00

RNS Number : 2116S
Playtech PLC
22 June 2018
 

Playtech PLC

("Playtech" or the "Group")

 

Consob approval of the offering document relating to Playtech's acquisition of Snaitech S.p.A. ("Snaitech")

22 June 2018

 

Further to the announcement dated 5 June 2018, Playtech today announces that Consob, the supervisory authority for the Italian financial market, has approved the offering document (the "Offering Document") relating to the mandatory takeover offer (the "Mandatory Takeover Offer") for the remaining shares of Snaitech not owned by the Group.

 

As at the date of this announcement, Playtech holds almost 81.0 per cent. of the issued share capital of Snaitech, as a result of the acquisition of approximately 70.6 per cent plus market purchases of approximately 10.3 per cent.

 

The acceptance period for the Mandatory Takeover Offer (the "Acceptance Period") will start at 8:30 am (CEST) on 26 June 2018 and will end at 5:30 pm (CEST) on 23 July 2018. The consideration, equal to Euro 2.19 per share tendered in the Offer (the "Consideration") will be paid to the tendering shareholders on 30 July 2018 (the "Payment Date").

 

If certain conditions are met, the Acceptance Period will be reopened for a further five trading days starting from 31 July 2018, being the trading day following the Payment Date and ending on 6 August 2018 (the "Reopening of Terms"). In the event of the Reopening of Terms, the payment of the Consideration for the shares that have been tendered during the Reopening of Terms period will take place on 13 August 2018.

 

The Offering Document containing the specific terms and conditions of the Offer, as well as the procedures to adhere to it, will be published on Snaitech's website (http://Snaitech.it) and on the website of the Global Information Agent (www.sodali-transactions.com).

 

Mor Weizer, Chief Executive Officer of Playtech, and Andrew Smith, Chief Financial Officer of Playtech, have been appointed to the Board of Snaitech.

For further information please contact:

Playtech plc

James Newman, Head of Investor Relations

+44 (0) 16 2464 5954

Headland (PR adviser to Playtech)

Lucy Legh / Stephen Malthouse

 

+44 (0) 20 3805 4822

 

 

- Ends -

 

 

 

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.
 
END
 
 
FURDBGDLRSDBGIB
Date   Source Headline
26th Apr 202410:17 amRNSNotice of Annual General Meeting
25th Apr 20249:00 amRNSBoard Appointment
24th Apr 20245:00 pmRNSHolding(s) in Company
27th Mar 20247:00 amRNSFinal Results
2nd Nov 202310:15 amRNSResponse to Lottomatica Announcement
1st Nov 20235:30 pmRNSUpdate re: Caliplay
5th Oct 20233:36 pmRNSUpdate re: Caliplay
7th Sep 20237:00 amRNSInterim Results
11th Jul 20235:00 pmRNSDirectorate Change
28th Jun 20231:00 pmRNSPlaytech closes Euro300 million bond offering
21st Jun 20235:39 pmRNSPlaytech prices EUR300 million bond offering
26th May 202310:45 amRNSDirector/PDMR Shareholding
24th May 20233:30 pmRNSResult of AGM
24th May 20237:00 amRNSTrading Statement
17th May 20237:00 amRNSDirectorate Change
9th May 20237:00 amRNSDirector/PDMR Shareholding
28th Apr 202310:00 amRNSNotice of Annual General Meeting
17th Apr 20236:00 pmRNSDirector/PDMR Shareholding
6th Apr 20239:00 amRNSTransfer of Shares and Total Voting Rights
4th Apr 20235:30 pmRNSDirector/PDMR Shareholding
29th Mar 20236:15 pmRNSDirector/PDMR Shareholding
23rd Mar 20237:00 amRNSFinal Results
14th Mar 20237:00 amRNSStrategic partnership with Hard Rock Digital
8th Mar 20235:00 pmRNSDirector Declaration
6th Mar 20235:30 pmRNSHolding(s) in Company
13th Feb 202312:00 pmRNSStrategic investment in NorthStar Gaming Inc
6th Feb 20237:00 amRNSUpdate on strategic agreement with Caliplay
26th Jan 20237:00 amRNSTrading Update
4th Jan 20234:00 pmRNSBoard Appointment
2nd Nov 20224:30 pmRNSDirector Declaration
1st Nov 20227:00 amRNSDirectorate Change
12th Oct 20227:00 amRNSSuccessful refinancing of current debt facilities
22nd Sep 20227:00 amRNSHalf-year Report
23rd Aug 20224:00 pmRNSDirector/PDMR Shareholding
22nd Aug 20224:30 pmRNSDirector/PDMR Shareholding
10th Aug 20223:58 pmRNSDirector/PDMR Shareholding
3rd Aug 20224:00 pmRNSDirector/PDMR Shareholding
29th Jul 20221:00 pmRNSUpdate on Caliente and Notice of Interim Results
15th Jul 20223:20 pmRNSForm 8.3 - Playtech plc
14th Jul 20223:30 pmBUSForm 8.3 - Playtech plc
14th Jul 20223:20 pmRNSForm 8.3 - Playtech plc
14th Jul 20223:09 pmRNSForm 8.3 - Playtech plc
14th Jul 20223:00 pmGNWBoussard & Gavaudan Investment Management LLP: Form 8.3 - Playtech Plc
14th Jul 20222:03 pmEQSForm 8.3 - The Vanguard Group, Inc.: Playtech plc
14th Jul 20221:37 pmRNSForm 8.5 (EPT/NON-RI) - Playtech PLC
14th Jul 202212:49 pmRNSForm 8.3 - [Playtech Plc]
14th Jul 202211:18 amRNSForm 8.5 (EPT/NON-RI) Playtech Plc
14th Jul 20227:04 amRNSResponse to TTB no intention to bid statement
14th Jul 20227:00 amRNSNo intention to bid statement
13th Jul 20223:30 pmBUSForm 8.3 - Playtech plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.