REG - Setanta Asset Mgmt Playtech PLC - Partial Withdrawal Letter of Intent Playtech PLC

PlaytechAnnouncement

26/11/2021 14:45

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RNS Number : 7748T  Setanta Asset Management Limited  26 November 2021

 

 

Beresford Court

Beresford Place

Dublin 1

 

Telephone: +353 1 612 4900

Web: www.setanta-asset.com (http://www.setanta-asset.com)

 

26(th) November 2021

 

To whom it may concern,

 

Partial Withdrawal of Letter of Intent:  Acquisition of Playtech plc (the
"Company") and disposal by the Company of Finalto

On 17(th) October 2021, Setanta Asset Management Limited provided a Letter of
Intent regarding our intentions in relation to 26,670,517 shares.

On 09(th) November 2021 we advised of our disposal of 156 shares.  On 24(th)
November 2021 we advised of a further disposal of 1,000,000 shares.

In accordance with The City Code on Takeovers and Mergers, Rule 2.10 (c ) (i),
we wish to further advise we have disposed of 1,531,148 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 24,139,213 shares, being the remainder, remains as
described in our Letter of Intent.

 

Yours faithfully,

 

 

For and on behalf of Setanta Asset Management Limited

Donal Woodcock

Head of Compliance and Business Risk

 

 

 

 

 

 

 

 

Setanta Asset Management Limited is regulated by the Central Bank of Ireland. Registered Office: Beresford Court, Beresford Place, Dublin 1, Ireland. Registered in Ireland
Number 297730

Directors: Raman Srivastava (Chairman, Canadian); Kieran Dempsey (Managing);
Ruairí O'Flynn; Patrick Burke; Rose McHugh

 

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