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

The securities referred to herein have not been and will not be 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 any state or any other jurisdiction of the United States.

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(END) Dow Jones Newswires

August 21, 2023 12:15 ET (16:15 GMT)

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