Business
Result of extended acceptance period for Enlabs AB
Result of extended acceptance period for Enlabs AB.
About this update from Entain Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6407U\n Entain PLC\n 07 April 2021\n \n \n \n \n This announcement is not an offer, whether directly or indirectly, in Australia, Canada, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled \"Important information\" at the end of this announcement and in the offer document which was published on 20 January 2021. Shareholders in the United States should also refer to the section titled \"Special notice to shareholders in the United States\" at the end of this announcement.\n \n PRESS RELEASE, 7 APRIL 2021\n Entain announces result of the extended acceptance period of its recommended public cash offer to the shareholders of Enlabs\n On 7 January 2021, Entain plc, through its wholly-owned subsidiary Bwin Holdings (Malta) Limited (\"Entain\") announced a public cash offer to the shareholders of Enlabs AB (publ) (\"Enlabs\") to tender all their Enlabs shares to Entain (the \"Offer\").\n On 22 March 2021, Entain announced that the Offer had been accepted by shareholders holding in total 65,856,834 shares, corresponding to approximately 94.2% of the total number of shares and votes in Enlabs, and that the Offer was declared unconditional.\n During the extended acceptance period which expired on 1 April 2021, the Offer has been accepted by shareholders holding in total 1,177,198 shares, corresponding to approximately 1.7% of the total number of shares and votes in Enlabs. The separate offer to the holders of warrants issued by Enlabs under its incentive program has been accepted by holders of 50,000 warrants.\n Entain now holds a total of 67,034,032 shares, corresponding to approximately 95.9% of the total number of shares and votes in Enlabs, and has acquired all warrants allotted and transferred to participants in the incentive program implemented by Enlabs.\n Except as set out above, Entain has not acquired any Enlabs shares or financial instruments that give a financial exposure to the Enlabs shares outside t...