Brief: Joffre Capital Says Unable To Proceed To Pre-Closing Of Purchase Agreement To Acquire Shares Of Playtika Due To Issues With Seller, At Co

Playtika Holding

08/12/2022 13:50

Dec 8 (Reuters) - Joffre Capital:
    * JOFFRE CAPITAL UNABLE TO PROCEED TO PRE-CLOSING OF
PURCHASE
AGREEMENT TO ACQUIRE 106,102,467 SHARES OF PLAYTIKA STOCK DUE TO
ISSUES WITH SELLER AND AT COMPANY
    * JOFFRE CAPITAL - JAMES LU, CO-FOUNDER AND MANAGING PARTNER
OF
JOFFRE, HAS RESIGNED FROM PLAYTIKA BOARD OF DIRECTORS EFFECTIVE
NOVEMBER 30
    * JOFFRE CAPITAL SAYS PURSUANT TO TERMS IN PURCHASE DEAL, TO
SEEK
TO RECOVER INITIAL PAYMENT TO PHUKII, WHICH WE HAVE REQUESTED BE
RETURNED IMMEDIATELY

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