Playtech Plc: Purchase of shares in Plus500 Limited (“Plus500”)
Playtech (LSE:PTEC) announces that, following market purchases this morning, the Playtech group now has a total holding of 10,756,067 ordinary shares in Plus500 (AIM: PLUS), representing 9.36 per cent of Plus500‘s issued ordinary share capital.
In addition to this 9.36 per cent holding, as previously announced on 1 June 2015, Plus500 founders and members of management, representing 35.6 per cent of Plus 500’s issued ordinary share capital, have undertaken to procure the vote in favour of Playtech’s cash offer of 400p per Plus500 share.
Source: Playtech Plc
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