Boulogne-Billancourt (France), 21 October 2024 (6:00 p.m.) – La Française des Jeux (FDJ) announces that, following the extension until 18 October of its public tender offer for Kindred Group plc., 14,734,917 new Kindred Swedish Depositary Receipts (SDRs), representing 6.83% of the share capital, were tendered.
Following the first settlement-delivery of the offer on 11 October 2024, FDJ already held 91.77% of Kindred’s share capital.
FDJ’s shareholding in Kindred will therefore be 98.60% following settlement-delivery of the extended offer, expected to take place on 29 October 2024.
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 in order to acquire all the shares not tendered in the public offer and the delisting of Kindred’s SDRs from Nasdaq Stockholm.