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FDJ to Control 98.60% of Kindred's Share Capital Following Extension of Public Tender Offer

 
FDJ to Control 98.60% of Kindred's Share Capital Following Extension of Public Tender Offer
La Française des Jeux (FDJ) has announced that, following the extension of its public tender offer for Kindred Group plc, which was active until October 18, a total of 14.734.917 new Kindred Swedish Depositary Receipts (SDRs), representing 6.83% of the share capital, were accepted.
INFOPLAY/ COMUNICADO |
Following the initial settlement of the offer on October 11, 2024, FDJ already held 91.77% of Kindred’s share capital.

With the settlement of the extended offer, expected to take place on October 29, 2024, FDJ's shareholding in Kindred will rise to 98.60%.

As FDJ holds over 90% of Kindred's share capital, it intends to request the implementation of the squeeze-out procedure in accordance with Kindred’s articles of association to acquire all shares not tendered in the public offer and to delist Kindred’s SDRs from Nasdaq Stockholm.
18+ | Juegoseguro.es – Jugarbien.es
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