Announcement • Oct 29
Nasdaq Stockholm Approves Kindred Group's Request for Delisting of the SDRs from Nasdaq Stockholm, Last Day of Trading to Be on 11 November 2024 Nasdaq Stockholm has approved Kindred Group plc's (‘Kindred’ or the ‘Company’) request for delisting of the Swedish Depository Receipts (the ‘SDRs’) in Kindred from Nasdaq Stockholm. The last day of trading in the SDRs will be on 11 November 2024. As previously announced, Kindred has applied for de-listing of the Company's SDRs from Nasdaq Stockholm. Nasdaq Stockholm has now approved the application and resolved that the last day of trading in the SDRs will be on 11 November 2024. Announcement • Oct 27
Kindred Group Applies for Delisting of Swedish Depository Receipts from Nasdaq Stockholm Following La Française des Jeux's Public Offer La Française des Jeux SA's (‘FDJ’) recommended public offer to the holders of Swedish Depository Receipts (the ‘SDRs’) in Kindred Group plc (‘Kindred’ or the ‘Company’) to tender all their SDRs in the Company at a price of SEK 130 in cash per SDR (the ‘Offer’) was declared unconditional on 3 October 2024. After the end of the extended acceptance period, FDJ controls in total approximately 98.60% of the outstanding SDRs in the Company. Against this background, the board of directors of Kindred has applied for delisting of the SDRs in Kindred from Nasdaq Stockholm. In order to provide the remaining holders of SDRs in the Company with the opportunity to accept the Offer, FDJ extended the acceptance period of the Offer until and including 18 October 2024. During the extended acceptance period, the Offer has been accepted by SDR holders with a total of 14,734,917 SDRs, corresponding to approximately 6.83% of the outstanding SDRs in the Company. After the end of the extended acceptance period, FDJ thus controls in total 212,794,208 SDRs, corresponding to approximately 98.60% of the outstanding SDRs in the Company. FDJ has on 23 October 2024 initiated squeeze-out proceedings of the SDRs in Kindred not held by FDJ, and requested that the board of directors of Kindred applies for delisting of the SDRs in the Company from Nasdaq Stockholm. In light of the above, the board of directors of Kindred has on October 24, 2024, in accordance with FDJ's request, applied for delisting of the SDRs in the Company from Nasdaq Stockholm. Kindred will announce the last day of trading as soon as Nasdaq Stockholm has confirmed the date to the Company. Announcement • Oct 22
La Française des Jeux Intends Delisting of Kindred's SDRs from Nasdaq Stockholm La Française des Jeux (FDJ) announced that, following the extension until 18 October of its public tender offer for Kindred Group plc., 14,734,917 new Kindred Swedish Depositary Receipts (SDRs), representing 6.83% of the share capital, were tendered. Following the first settlement-delivery of the offer on 11 October 2024, FDJ already held 91.77% of Kindred's share capital. FDJ's shareholding in Kindred will therefore be 98.60% following settlement-delivery of the extended offer, expected to take place on 29 October 2024. As FDJ holds over 90% of Kindred's share capital, it intends to request the implementation of the squeeze-out procedure in accordance with Kindred's articles of association in order to acquire all the shares not tendered in the public offer and the delisting of Kindred's SDRs from Nasdaq Stockholm.