William Hill controls 98.5% of the shares in MRG
The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other measures in addition to those required under Swedish law.
Press release
4 February 2019
William Hill controls 98.5 per cent of the shares in MRG. The last day of trading on Nasdaq Stockholm will be 15 February 2019
On 31 October 2018, William Hill PLC (LSE:WMH) ("William Hill"), through a controlled affiliate William Hill Holdings Limited ("William Hill Holdings"), announced a recommended public cash offer (the "Offer") to the shareholders of Mr Green & Co AB (publ) ("MRG" or the "Company"), to tender all their shares in MRG to William Hill. The shares in MRG are admitted to trading on Nasdaq Stockholm, Mid Cap ("Nasdaq Stockholm").
· The Offer to the shareholders in MRG has now been accepted to such extent that William Hill controls approximately 98.5 per cent of the shares and votes in MRG
· William Hill has initiated compulsory acquisition of the remaining shares in MRG. The last day of trading in the MRG shares on Nasdaq Stockholm will be 15 February 2019
On 21 January 2019, it was announced that William Hill controlled approximately 92 per cent of the shares and votes in MRG. At the end of the extended acceptance period that ended on 31 January 2019, 34,253,191 shares have been tendered in the Offer, corresponding to approximately 83.9 per cent of the shares and votes in MRG. Moreover, William Hill has acquired 5,994,208 shares in the market corresponding to approximately 14.7 per cent of the shares and votes in MRG. Consequently, William Hill controls in total approximately 98.5 per cent of the shares and votes in MRG.
William Hill has initiated compulsory acquisition of the remaining shares in MRG. The last day of trading in the MRG shares on Nasdaq Stockholm will be 15 February 2019. Settlement to those shareholders who have accepted the Offer during the extended acceptance period is expected to commence around 8 February 2019.
Information about the Offer
For further information about the Offer, see www.williamhillplc.com.
OAM: Additional Regulated Information
William Hill LEI: 213800MDW41W5UZQIX82
Enquiries
William Hill
Lyndsay Wright, Director of Strategy and Sustainability +44 (0) 20 7612 3000
Tom Randell, Head of IR
Ciaran O'Brien, Director of Corporate Communications
Citigroup (Financial Adviser and corporate broker to William Hill)
Jan Skarbek +44 (0) 20 7986 4000
Lars Ingemarsson
Tom Jacob
Robert Farrington (Corporate Broking)
The information was submitted for publication, through the agency of the contact persons set out above, on 4 February 2019 at 17.00 CET.
Important notice
This is a translation of the original Swedish language press release. In the event of discrepancies, the original Swedish wording shall prevail.
The distribution of this press release and any related Offer documentation may in certain jurisdictions be restricted or affected by the laws of such jurisdictions. Accordingly, copies of this communication are not being, and must not be, mailed or otherwise forwarded, distributed or sent in, into or from any such jurisdiction. Therefore, persons who receive this communication (including, without limitation, nominees, trustees and custodians) and are subject to the laws of any such jurisdiction will need to inform themselves about, and observe, any applicable restrictions or requirements. Any failure to do so may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, William Hill disclaims any responsibility or liability for the violations of any such restrictions by any person.
The Offer is not being made, and this press release may not be distributed, directly or indirectly, in or into, nor will any tender of shares be accepted from or on behalf of holders in, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States or any other jurisdiction in which the making of the Offer, the distribution of this press release or the acceptance of any tender of shares would contravene applicable laws or regulations or require further offer documents, filings or other measures in addition to those required under Swedish law.
Subject to the requirements of the FCA, the London Stock Exchange, the Market Abuse Regulation (596/2014), the Listing Rules and the Disclosure and Transparency Rules (and/or any regulatory requirements) or applicable law, William Hill explicitly disclaims any obligation or undertaking publicly to release the result of any revisions to any forward-looking statements in this announcement.
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