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RNS Number : 9164J Entain PLC 21 August 2023
21 August 2023
Entain plc
("Entain" or the "Group")
Entain announces result of tender offer to shareholders of STS Holdings
On 7 July 2023, Entain plc (LSE: ENT), the global sports betting, gaming and
interactive entertainment group, announced (Link
(https://www.entaingroup.com/media/eieheces/voluntary-tender-offer-document-english.pdf)
) a tender offer (the "Offer") by Entain Holdings (CEE) Ltd to acquire STS
Holding S.A. (STS), the #1 sports-betting operator in Poland.
The Offer's acceptance period ended on 16 August 2023 and Entain is pleased to
announce that the Offer has been accepted by STS shareholders holding in total
155,591,656 shares, corresponding to approximately 99.3% of the total issued
share capital.
The settlement in respect of those shares tendered during the Offer and
anticipated completion of the Offer is expected to be on 24 August 2023.
Entain intends to initiate compulsory acquisition proceedings in respect of
those STS shares not tendered in the Offer, and commence the de-listing
process from the Warsaw Stock Exchange.
Enquiries
Investor Relations - Entain plc investors@entaingroup.com (mailto:investors@entaingroup.com)
David Lloyd-Seed, Chief IR & Communications Officer
Davina Hobbs, Head of Investor Relations
Aimee Remey, VP US Investor Relations
Callum Sims, IR Manager
Media - Entain plc media@entaingroup.com (mailto:media@entaingroup.com)
Lisa Attenborough, Head of Corporate Communications
Jay Dossetter, Head of Corporate PR
Jodie Hitch, PR Manager
Powerscourt Tel: +44 (0) 20 7250 1446
Rory Godson/Rob Greening/Sam Austrums entain@powersco (mailto:entain@powerscourt-.com) urt-group.com
(mailto:entain@powerscourt-.com)
About Entain plc
Entain plc (LSE: ENT) is a FTSE100 company and is one of the world's largest
sports betting and gaming groups, operating both online and in the retail
sector. The Group owns a comprehensive portfolio of established brands; Sports
brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds,
Sportingbet, Sports Interaction and SuperSport; Gaming brands include Foxy
Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.
The Group owns proprietary technology across all its core product verticals
and in addition to its B2C operations provides services to a number of
third-party customers on a B2B basis.
The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and
iGaming in the US. Entain provides the technology and capabilities which power
BetMGM as well as exclusive games and products, specially developed at its
in-house gaming studios. The Group is tax resident in the UK and is the only
global operator to exclusively operate in domestically regulated or regulating
markets operating in over 40 territories.
Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by
MSCI. The Group has set a science-based target, committing to be carbon net
zero by 2035 and through the Entain Foundation supports a variety of
initiatives, focusing on safer gambling, grassroots sport, diversity in
technology and community projects. For more information see the Group's
website: www.entaingroup.com (http://www.entaingroup.com)
LEI: 213800GNI3K45LQR8L28
Important Notice
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under the United States Securities Act of 1933, as amended (the "Securities
Act"), or with any securities regulatory authority of any state or other
jurisdiction of the United States, and may not be offered, sold or transferred
directly or indirectly in or into the United States, except pursuant to an
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and in compliance with the securities laws
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