La Française des Jeux (“FDJ”), has, on 22 January 2024, announced a recommended public cash offer to the holders of Swedish Depositary Receipts (the “SDRs”, hereinafter referred to as “shares” and the holders as “shareholders”) in Kindred Group plc (“Kindred”) to tender their shares in Kindred to FDJ (the “Offer”). Under the terms of the Offer, FDJ is offering SEK 130 in cash per Kindred share, and the total value of the Offer thereby corresponds to approximately SEK 27,951 million.
The Board of Directors has announced its statement pursuant to Rule II.19 of the Nasdaq Stockholm Takeover Rules and unanimously recommends the shareholders of Kindred to accept the Offer.
For more information, please refer to FDJ’s website, www.groupefdj.com.