VALLETTA, Malta, Oct. 23, 2024 /PRNewswire/ -- Notice is hereby given to the shareholders of Kindred Group plc ("Kindred" or the "Company") of the notice received by the Company from La Française des Jeux ("FDJ") on 3 October 2024 constituting a squeeze-out notice in terms of Article 34B of the Company's Articles of Association ("Articles").
Results of the Offer
The Board of Directors refers to the statement made by the Board of Directors of the Company in relation to the recommended public cash offer to the holders of Swedish Depository Receipts (the "SDRs") in Kindred to tender all their SDRs in the Company at a price of SEK 130 in cash per SDR (the "Offer Price" and the "Offer", respectively) to FDJ, which Offer was made by FDJ on 22 January 2024. For the sake of simplicity and because each SDR represents a share in Kindred, the SDRs will also be referred to as "shares" and the holders as "shareholders".
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