REG - Electronic Arts Inc. Codemasters Grp Hldg - Rule 19.6(c) confirmation

Electronic ArtsAnnouncement

16/02/2022 18:30

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RNS Number : 9249B  Electronic Arts Inc.  16 February 2022

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE
19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER
ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A
PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING
WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED
INTENTIONS.

FOR IMMEDIATE RELEASE

16 February 2022

ELECTRONIC ARTS INC.

Rule 19.6(c) confirmation with respect to stated post-offer intention
statements with regard to Codemasters Group Holdings plc

On 18 February 2021, Electronic Arts Inc. ("EA") completed its recommended
cash acquisition of the entire issued and to be issued share capital of
Codemasters Group Holdings plc ("Codemasters"), which was effected by way of
a scheme of arrangement under Part 26 of the Companies Act 2006 (the
"Acquisition").

EA announces that it has duly confirmed in writing to The Panel on Takeovers
and Mergers in accordance with the requirements of Rule 19.6(c) of the Code
that it has complied with its post-offer intention statements made pursuant to
Rules 2.7(c)(viii) and 24.2 of the Code, as originally detailed in its
announcement of 14 December 2020 and in the scheme document published in
connection with the Acquisition on 7 January 2021 and as subsequently updated
in the announcement made on 13 July 2021.

Enquiries:

 Electronic Arts Inc.

 Chris Evenden (Investor Relations)                   +1 650 628 0255

 John Reseburg (Global Communications)                +1 650 628 3601

 UBS Investment Bank (sole financial adviser to EA)   +44 (0)20 7567 8000
 Jonathan Rowley

 David Descoteaux

 Sandip Dhillon

 

UBS AG London Branch ("UBS") is authorised and regulated by the Financial
Market Supervisory Authority in Switzerland. It is authorised by the PRA and
subject to regulation by the FCA and limited regulation by the PRA in the
United Kingdom. UBS AG London Branch is acting as financial adviser to EA and
no one else in connection with the Acquisition. In connection with such
matters, UBS AG London Branch, its affiliates and their respective directors,
officers, employees and agents will not regard any other person as their
client, nor will they be responsible to any other person for providing the
protections afforded to their clients or for providing advice in relation to
the Acquisition, the contents of this announcement or any other matter
referred to herein.

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