OFFEROR: Caesars UK Holdings Limited (a wholly-owned subsidiary of Caesars Entertainment, Inc.) Rule 2.6 deadline: N/A Disclosure of dealings and positions in this offeror is not required Notes: 1. Rule 8 of the Takeover Code (the Code ) sets out the circumstances in which Dealing Disclosures and/or Opening Position Disclosures are required to be made by the parties to an offer, persons acting in concert with them, persons with an interest in relevant securities of 1% or more and exempt principal traders ( EPTs ) connected with the parties to an offer. 2. Where an offeror is marked Disclosure of dealings and positions in this offeror is not required , dealings and positions in relevant securities of that offeror are not required to be disclosed under Rule 8. This is either because it has been announced that the offer or possible offer is, or is likely to be,
Electronic Arts is a step closer to being the new owner of British racing games developer and publisher Codemasters following today s vote by the latter s shareholders.
During a general meeting, shareholders were asked whether to vote for or against the company becoming a wholly-owned subsidiary of EA, following the publisher s offer of a deal that has been valued at $1.2 billion.
According to a regulatory notice released to investors, 63 of Codemasters 76 shareholders voted in favour and since those shareholders represent 99% of the developer s shares, the decision has been labelled as unanimous.
There will be a court hearing to sanction the acquisition on February 16, with the following day due to the last day of dealings for Codemasters shares. All dealings will be suspended from February 18 onwards.