ENTAIN REACHES 94% ACCEPTANCE, ENLABS APPLIES FOR DE-LISTING
MONDAY, 22 MARCH 2021
On 7 January 2021, Entain plc, through its wholly-owned subsidiary Bwin Holdings (Malta) Ltd (“Entain”), announced a public offer to the shareholders of Enlabs (the “Offer”). The extended acceptance period in the Offer ended on 18 March 2021.
Earlier today Entain announced that shareholders holding approximately 94.2% of the total number of shares and votes in Enlabs have accepted the Offer. All conditions for completion of the Offer have been satisfied and Entain have therefore declared the Offer as unconditional.
Entain intends to initiate compulsory acquisition proceedings in respect of the Enlabs shares not tendered in the Offer. The Board of Directors of Enlabs has, at the request of Entain, today resolved to apply for a de-listing of Enlabs shares from Nasdaq First North Growth Market.
For more information, please see: entaingroup.com and enlabs-offer.com
Sigtuna, 22 March 2021
ENLABS stands for Entertainment Laboratories. Enlabs is a company that creates entertainment through innovative thinking within iGaming. The corporate group has offices in Tallinn, Riga, Vilnius, Malta, Marbella, Minsk, Gibraltar and Sigtuna. The operating subsidiaries hold national licenses for their operations and the Group employs approximately 330 employees. Enlabs AB (NLAB) is listed at Nasdaq First North Growth Market with Redeye AB as Certified Adviser: [email protected], +46 (0)8 121 576 90.
For more information, visit entaingroup.com and enlabs-offer.com