FDJ: its stake in Kindred will reach 98.60%.

(CercleFinance.com) - La Française des Jeux (FDJ) announces that, following the extension until October 18 of its public tender offer for Kindred Group, 14,734,917 new Kindred Swedish Depositary Receipts (SDRs), representing 6.
83% of the share capital, have been tendered to the offer.

Following the first settlement-delivery of the offer on October 11, 2024, FDJ already held 91.77% of Kindred's share capital.

FDJ's stake in Kindred will therefore be 98.60% following settlement-delivery of the extended offer on October 29, 2024.

As FDJ holds more than 90% of Kindred's 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 shares not tendered to the public offer, as well as the delisting of Kindred's SDRs from Nasdaq Stockholm.

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