Recommended Acquisition of King Digital Entertainment plc by Activision Blizzard Receives Satisfaction of the EU Merger Regulation Condition
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY RESTRICTED JURISDICTION
Completion of the Acquisition remains subject to the satisfaction or (if
capable of waiver) waiver of the remaining Conditions to the Acquisition
set out in the scheme circular relating to the Acquisition (the "Scheme
Document") which was despatched to King's shareholders on
Unless otherwise defined herein, capitalised terms and expressions used in this Announcement shall have the meanings given to them in the Scheme Document.
Responsibility for this Announcement
The directors of
Disclosure Requirements for Certain Holders of King Digital Entertainment plc Securities
Under the provisions of Rule 8.3 of the Irish Takeover Rules, if any
person is, or becomes, "interested" (directly or indirectly) in, 1% or
more of any class of "relevant securities" of King Digital Entertainment
plc, all "dealings" in any "relevant securities" of King Digital
Entertainment plc (including by means of an option in respect of, or a
derivative referenced to, any such "relevant securities") must be
publicly disclosed by not later than
Under the provisions of Rule 8.1 of the Irish Takeover Rules, all
"dealings" in "relevant securities" of King Digital Entertainment plc by
A disclosure table, giving details of the companies in whose "relevant securities" "dealings" should be disclosed, can be found on the Irish Takeover Panel's website at www.irishtakeoverpanel.ie.
"Interests in securities" arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an "interest" by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Irish Takeover Rules,
which can also be found on the
If you are in any doubt as to whether or not you are required to
disclose a dealing under Rule 8, please consult the
This Announcement is not intended to, and does not, constitute an offer to purchase, sell, subscribe for or exchange, or the solicitation of an offer to purchase, sell, subscribe for or exchange or an invitation to purchase, sell, subscribe for or exchange any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Acquisition or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. This Announcement does not constitute a prospectus or an equivalent document and it is not intended to, and does not, constitute or form any part of an offer or invitation to sell or purchase or subscribe for any securities or a solicitation of an offer to buy any securities or the solicitation of any vote or approval in any jurisdiction pursuant to the Acquisition or otherwise.
The release, publication or distribution of this Announcement in or into certain jurisdictions may be restricted by the laws of those jurisdictions, including any Restricted Jurisdictions. Accordingly, copies of this Announcement and all other documents relating to the Acquisition are not being, and must not be, released, published, mailed or otherwise forwarded, distributed or sent in, into or from any Restricted Jurisdiction. Persons receiving such documents (including, without limitation, nominees, trustees and custodians) should observe these restrictions. Failure to do so may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies involved in the Acquisition disclaim any responsibility or liability for the violations of any such restrictions by any person.
This Announcement has been prepared for the purposes of complying
with Irish law and the Irish Takeover Rules and the information
disclosed may not be the same as that which would have been disclosed if
this Announcement had been prepared in accordance with the laws and
regulations of any jurisdiction outside
Publication on Website
A copy of this Announcement will be made available by
RNS Number: 9878O
View source version on businesswire.com: http://www.businesswire.com/news/home/20160212005596/en/
SVP, Investor Relations
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