Latest update regarding Plus500 cash acqusition by Playtech plc
Plus500 has issued a press release informing that:
Further to the announcement of 1 June 2015, Plus500, a leading online service provider for retail customers to trade CFDs internationally, today announces it has posted to Shareholders the Information Statement and Notice of Special General Meeting required to give effect to the recommended cash acquisition of Plus500 Ltd by Playtech plc (the “Acquisition”).
Read: Plus500InformationStatement2015
The Special General Meeting is to be held at 11 a.m. on 16 July 2015 at the Regus Offices, Level 9, CityPoint, 1 Ropemaker Street, London EC2Y 9HT.
The Directors unanimously recommend that Shareholders vote in favour of the Resolution being proposed at the Special General Meeting.
Alastair Gordon, Chairman, commented:
“The Plus500 board believes that the merger proposal is fair to and in the best interests of Plus500 and its shareholders as a whole and recommends that shareholders vote “for” the merger proposal.”
Source: Plus500
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