26 Oct 2021 11:33
RNS Number : 3001Q
Schroders PLC
26 October 2021
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Letter of Intent: Acquisition of Playtech plc and disposal by the Company of Finalto
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On 17th October 2021, Schroder Investment Management Limited provided a Letter of Intent regarding our intentions in relation to 10,792,688 shares.
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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 a further 602,569 shares, and are no longer in a position to accept or procure the acceptance of the Offer, in relation to those shares.
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Our intention in respect of 8,799,130 shares, being the remainder, remains as described in the Letter of Intent.
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Ibraheem Mir
Compliance Analyst
Schroders Group Compliance
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T: +44 207 658 7892
E: Ibraheem.Mir@Schroders.com
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