ELECTRONIC ARTS INC. ("EA")
(to be implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006)
Court Sanction of Scheme of Arrangement,
Exercise of Options, Director/PDMR Shareholdings and Suspension of Trading on AIM
On 14 December 2020, the boards of Codemasters and EA announced that they had reached agreement on the terms of a recommended acquisition by Codex Games Limited ("Bidco"), an indirect subsidiary of EA, of the entire issued and to be issued ordinary share capital of Codemasters
(the "Acquisition"),
to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme").