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Schroders PLC (SDR)

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Friday 29 October, 2021

Schroders PLC

Withdrawal of Letter of Intent

RNS Number : 7392Q
Schroders PLC
29 October 2021


Letter of Intent: Acquisition of Playtech plc and disposal by the Company of Finalto



On 17th October 2021, Schroder Investment Management Limited provided a Letter of Intent regarding our intentions in relation to 10,792,688 shares.


In accordance with The City Code on Takeovers and Mergers, Rule 2.11 (d)(i), we advise that, subject to clause 2.6 of the letter of intent, we  have disposed of a further 2,140,432 shares, and are no longer in a position to accept or procure the acceptance of the Offer, in relation to those shares. Following this transaction, we no longer hold any shares in Playtech plc


Ibraheem Mir

Compliance Analyst

Schroders Group Compliance


T: +44 207 658 7892

E: [email protected]

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