Entain PLC Result of tender offer to shareholders of STS (9164J)
21 Agosto 2023 - 6:15PM
UK Regulatory
TIDMENT
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 ) 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
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
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 urt-group.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
LEI: 213800GNI3K45LQR8L28
Important Notice
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registered 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 of
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August 21, 2023 12:15 ET (16:15 GMT)
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