Information  X 
Enter a valid email address
  Print          More announcements

Wednesday 19 January, 2022

Setanta Asset Mgmt

Announcement 2.10 - Playtech PLC

RNS Number : 9943Y
Setanta Asset Management Limited
19 January 2022



Beresford Court
Beresford Place
Dublin 1


Telephone: +353 1 612 4900


19 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.

In accordance with The City Code on Takeovers and Mergers, Rule 2.10 (c ) (i), we wish to further advise we have disposed of 135,032 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 16,849,862 shares, being our current ownership of ordinary shares of Playtech plc as of 18 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

a d v e r t i s e m e n t