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| Date | 5 Jan 2022 |
| Time | 08:13:21 |
| Category | Acquisitions and alliances |
| ID | 4940X |
2022/1
PLAYTECH PLC ("PLAYTECH")
ARISTOCRAT (UK) HOLDINGS LIMITED, A WHOLLY OWNED SUBSIDIARY OF ARISTOCRAT LEISURE LIMITED ("ARISTOCRAT")
JKO PLAY LIMITED ("JKO")
On 7 December 2021, pursuant to Rule 2.6(d) and Section 4 of Appendix 7 of the Takeover Code, the Panel Executive announced (in Panel Statement 2021/28) that JKO would have until 5.00 pm on 5 January 2022 to announce either a firm intention to make an offer for Playtech under Rule 2.7 of the Code or that it did not intend to make an offer for Playtech.
On 5 January 2022, Playtech announced that the shareholder meetings to approve the offer for Playtech by Aristocrat will be adjourned to 2 February 2022.
In the light of this, the Executive has ruled that, unless the Executive consents otherwise, JKO must now by 5.00 pm on 26 January 2022, being the seventh day prior to the date of the adjourned shareholder meetings, either announce a firm intention to make an offer for Playtech under Rule 2.7 or announce that it does not intend to make an offer for Playtech. This deadline will cease to apply if, before that time, a third party other than JKO has announced a firm intention to make an offer for Playtech under Rule 2.7.
Each of Playtech, Aristocrat and JKO has accepted this ruling.
5 January 2022