Kindred Group plc to make cash offer for 32Red plc

The boards of Kindred Group and 32Red have reached an agreement on the terms of a recommended cash offer (“Offer”) pursuant to which Kindred Group will acquire the entire issued and to be issued share capital of 32Red. The Offer values 32Red at GBP 175.6m. 32Red is listed on the AIM market of the London Stock Exchange.

Facts & Figures

  • Employees
    GBP152.8m GWR per latest quarter
  • Employees
    GBP39.3 EBITDA per latest quarter
  • Employees
    GBP 0.129 EPS per latest quarter
  • Employees
    1,150,027 Active customers per latest quarter
  • Employees
    35% GWR from locally regulated
    market
    per latest quarter
  • Employees
    71% Mobile GWR
    per latest quarter

Financial calendar

  • 26 Apr 2017
    Q 1 will be published at 7.30 CET on 26 April 2017
  • 16 May 2017
    AGM will take place in Stockholm on 16 May 2017. Venue: Moderna museet at 10.00 CET.