KAIROS Bidco, FD Technologies Agree On Terms Of Acquisition

India, May 8 -- The boards of KAIROS Bidco and FD Technologies have reached agreement on the terms of a recommended acquisition by Bidco of the entire issued and to be issued ordinary share capital of FD Technologies. The Cash Offer values the entire issued, and to be issued, ordinary share capital of FD Technologies at approximately 570 million pounds.

As an alternative to the Cash Offer, eligible FD Technologies shareholders may elect to receive Rollover Shares in respect of their entire holding of FD Technologies shares at the Scheme Record Time in the ratio of, for each FD Technologies share: 2,450 Rollover Shares.

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