Business
Statement re media speculation
Statement re media speculation.
About this update from Playtech Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5728R\n Playtech PLC\n 08 November 2021\n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.\n \n \n \n \n \n THIS IS AN ANNOUNCEMENT OF A POSSIBLE OFFER UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE \"CODE\") AND IS NOT AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE AND THERE CAN BE NO CERTAINTY THAT AN OFFER WILL BE MADE, NOR AS TO THE TERMS ON WHICH ANY OFFER WILL BE MADE. \n \n \n \n \n \n THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. WITH THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n 7 November 2021\n \n \n \n \n \n Playtech plc\n \n \n \n \n \n (\"Playtech\" or \"the Company\")\n \n \n \n \n \n Statement re: media speculation\n \n \n \n \n \n Playtech notes the recent media speculation in relation to a possible offer for the Company. The Board of Directors of Playtech (the \"Board\") confirms that on 21 October 2021 \n the Company received \n a preliminary approach \n from \n Gopher Investments (\"Gopher\") seeking access to certain due diligence information, in order to explore terms on which a possible offer for all of the issued and to be issued share capital of Playtech might be made. Consistent with its fiduciary duties, and in accordance with Rule 21.3 of the Code, the Board further confirms that Gopher has been provided access to due diligence information for this purpose. Discussions with Gopher are at an early stage and ongoing. As such, there can be no certainty that \n Gopher's approach will result in an offer for the\n Company, nor as to the terms on which any offer might be made.\n \n \n \n \n \n On 17 October 2021, Playtech and Aristocrat (UK) Holdings Limited, a company formed on behalf of Aristocrat Leisure Limited (\"Aristocrat\"), announced u...