RCS - Coast Capital Mgt LP - Coast Capital Rejects Apax's Bid for Kin & Carta
20/10/2023 13:47
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RNS Number : 8472Q Coast Capital Management LP 20 October 2023
October 20, 2023
APAX PARTNERS' BID WOEFULLY UNDERVALUES KIN & CARTA PLC
Coast Capital Management, a leading shareholder in Kin & Carta plc (the
"Company") with 6.5% of shares outstanding, unequivocally rejects Apax
Partners' ("Apax") opportunistic and inadequate bid for the Company. Please
see below a link to our significant concerns with the board's recommendation
to support this bid.
http://www.rns-pdf.londonstockexchange.com/rns/8472Q_1-2023-10-20.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/8472Q_1-2023-10-20.pdf)
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