DE-LISTING AND CANCELLATION OF TRADING OF WILLIAM HILL PLC SHARES
Further to the announcement made by William Hill PLC ( William Hill ) on 22 April 2021, William Hill today announces that, following an application by William Hill, the Financial Conduct Authority has cancelled the listing of William Hill Shares on the premium listing segment of the Official List and the London Stock Exchange has cancelled the trading of William Hill Shares on the London Stock Exchange s main market for listed securities, in each case with effect from 8:00 a.m. (London time) today, 23 April 2021.
Capitalised terms used in this announcement shall, unless otherwise defined, have the meanings given to them in the Scheme Document published on 26 October 2020 in relation to the recommended cash offer by Caesars UK Holdings Limited (a wholly-owned subsidiary of Caesars Entertainment, Inc.) for the entire issued and to be issued share capital of William Hill not already owned by or on behalf of the Caesa
under Part 26 of the Companies Act 2006
Scheme of Arrangement Becomes Effective
On 30 September 2020, the boards of William Hill, Caesars UK Bidco and Caesars announced that they had reached agreement on the terms of a recommended cash acquisition pursuant to which Caesars UK Bidco shall acquire the entire issued and to be issued share capital of William Hill not already owned by or on behalf of the Caesars Group (the Acquisition ), to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act (the Scheme ).
On 20 April 2021, William Hill announced that the High Court of Justice in England and Wales had sanctioned the Scheme following the Scheme Court Hearing held on 31 March 2021.
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Tel: +44 (0) 7814 810 626 Important notices relating to financial advisers Panmure Gordon (UK) Limited ( Panmure Gordon ), which is authorised and regulated in the United Kingdom by the FCA, is acting as financial adviser exclusively for the Offeror and Tosca Penta and for no-one else in connection with the Acquisition and the matters described in this announcement and will not be responsible to anyone other than the Offeror and Tosca Penta for providing the protections afforded to clients of Panmure Gordon nor for providing advice in relation to the Acquisition or any other matters referred to in this announcement. Barclays Bank PLC, acting through its Investment Bank, ( Barclays ), which is authorised by the PRA and regulated by the FCA and the PRA in the United Kingdom, is acting exclusively for TalkTalk as joint lead financial adviser, joint Rule 3 adviser and joint corporate broker and for no-one else in connection with the Acquisition and the matters desc
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