27 Oct 2021 11:45
RNS Number : 4481Q
Schroders PLC
27 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 a further 1,358,632 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 7,440,498 shares, being the remainder, remains as described in the Letter of Intent.
Ibraheem Mir
Compliance Analyst
Schroders Group Compliance
T: +44 207 658 7892
E: Ibraheem.Mir@Schroders.com
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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
LOIUBSRRAOURUAA
Last checked at