Playtika Announces Final Results of Previously Announced Tender Offer

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[{"type":"text","content":"HERZLIYA, Israel, Oct. 10, 2022 /PRNewswire/ -- Playtika Holding Corp. (NASDAQ: PLTK) (\"Playtika\"), a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles, today announced the final results of its previously announced tender offer to purchase up to 51,813,472 shares of Playtika's issued and outstanding common stock, par value $0.01 per share (each, a \"Share,\" and collectively, \"Shares\") or such lesser number of Shares as are properly tendered and not properly withdrawn, at a price of $11.58 per Share (the \"Tender Offer\"), which expired one minute after 11:59 p.m., New York City time, on Monday, October 3, 2022.\nBased on the final count by American Stock Transfer & Trust Company, LLC, the depositary for the Tender Offer (the \"Depositary\"), 73,905,922 Shares were validly tendered and not properly withdrawn.\nIn accordance with the terms and conditions of the Tender Offer, and based on the final count by the Depositary, Playtika has accepted for purchase 51,813,472 Shares, for an aggregate cost of $600 million, excluding fees and expenses relating to the Tender Offer. The number of shares that Playtika has accepted for purchase in the Tender Offer represents approximately 12.6% of the total number of Shares outstanding as of September 30, 2022. Playtika will have approximately 360,922,005 Shares outstanding immediately following payment for the Shares purchased in the Tender Offer.\nDue to the oversubscription of the Tender Offer, based on the final count described above, Playtika accepted for purchase on a pro rata basis approximately 70.1% of the Shares properly tendered and not properly withdrawn.\nThe Depositary will promptly pay for all of the Shares accepted for purchase, and all Shares not accepted for purchase will be returned to stockholders, in each case, in accordance with the terms and conditions of the Tender Offer.\nD.F. King & Co., Inc. is serving as the information agent for the tender offer and American Stock Transfer & Trust Company, LLC is serving as the depositary. For all questions relating to the tender offer, please contact the information agent, D.F. King & Co., Inc. at [email protected] or call toll-free at (877) 871-1741.\nAbout Playtika\nPlaytika is a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles....

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