Beresford Court
Beresford Place
Dublin 1
Telephone: +353 1 612 4900 Web: www.setanta-asset.com
21 January 2022
To whom it may concern,
Partial Withdrawal of Letter of Intent: Acquisition of Playtech plc (the "Company") and disposal by the Company of Finalto
On 17 October 2021, Setanta Asset Management Limited provided a Letter of Intent regarding our intentions in relation to 26,670,517 shares.
On 09 November 2021 we advised of our disposal of 156 shares. On 24 November 2021 we advised of a disposal of 1,000,000 shares. On 26 November 2021 we advised of a disposal of 1,531,148 shares. On the 29 November we advised of a disposal of 4,029,804 shares. On 30 November we advised of a disposal of 25,593 shares. On 17 December we advised of a disposal of 1,510 shares. On the 21 December we advised of the disposal of 316,342 shares. On 30 December we advised of a disposal of 981,987 shares. On 05 January 2022 we advised of a disposal of 768 shares and 4,490 shares. On 06 January we advised of a disposal of 50,974 shares. On 07 January we advised of a disposal of 10,157 shares. On 10 January we advised of a disposal of 101,684 shares. On 18 January we advised of a disposal of 417,101 shares. On 19 January we advised of a disposal of 135,032 shares. On 20 January we advised of a disposal of 765,500 shares.
In accordance with The City Code on Takeovers and Mergers, Rule 2.10 (c ) (i), we wish to further advise we have disposed of 456,900 shares and are no longer in a position to accept or procure the acceptance of the Offer in relation to the shares disposed of.
Our intention in respect of 15,627,462 shares, being our current ownership of ordinary shares of Playtech plc as of 20 January 2022, remains as described in our Letter of Intent.
Yours faithfully,
For and on behalf of Setanta Asset Management Limited
Donal Woodcock
Head of Compliance and Business Risk
Setanta Asset Management Limited is regulated by the Central Bank of Ireland. Registered Office: Beresford Court, Beresford Place, Dublin 1, Ireland. Registered in Ireland Number 297730
Directors: Raman Srivastava (Chairman, Canadian); Kieran Dempsey (Managing); Ruairí O'Flynn; Patrick Burke; Rose McHugh
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