The Board of Directors of Play Communications S.A. (the “Company”) informs that Iliad S.A. acting through Iliad Purple S.A.S. (“Iliad Purple”) has launched squeeze out of remaining 8,494,848 shares (i.e. 3.3% of total) in the Company on 21 December 2020. The squeeze-out price for each share of PLN 39.00 (thirty-nine zlotys) will be paid to those shareholders who did not tender their shares during the voluntary takeover bid. The settlement date is set for 23 December 2020.
Iliad Purple has appointed Santander Bank Polska S.A. - Santander Biuro Maklerskie in relation with the squeeze-out procedures.
Legal basis: Art. 17, point 1 MAR – inside information.