February 2, 2017 / 7:09 AM / 3 years ago

BRIEF-Betsson makes recommended cash offer for UK NetPlay TV

Feb 2 (Reuters) - Betsson AB

* Betsson makes recommended cash offer to acquire UK operator NetPlay TV

* Says cash offer is GBP 0.09 per share, corresponding to a total consideration of GBP 26.4 million

* Says offer is subject to, amongst other things, approval of Netplay shareholders and also High Court of Justice in UK and is expected to be closed in April 2017

* Says obtained signed statements of support from top two shareholders of netplay, Directforce Trading Limited and Henderson Global Investors and also from the Directors of NetPlay - The holdings of these shareholders represent, in aggregate, 39.25 pct of NetPlay’s issued share capital. Source text for Eikon: Further company coverage:

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