Gopher Investments Announces Withdrawal From Possible Offer For Playtech - Quick Facts

Gopher Investments, a shareholder in Playtech plc (PTEC.L), confirmed that it does not intend to make an offer for Playtech. Gopher said it remains fully committed to the acquisition of Playtech's financial trading division, Finalto.

Earlier in the month, Playtech said Gopher has been provided access to due diligence information in order to explore terms on which a possible offer might be made.

On 17 October, the Boards of Aristocrat and Playtech announced a recommended acquisition of Playtech by Aristocrat for 680 pence in cash for each Playtech share held.

Gopher is an investment vehicle backed by investors with experience in gaming and financials, and is an affiliate of TT Bond Partners.

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