RNS Number : 8472Q
Coast Capital Management LP
20 October 2023
October 20, 2023
APAX PARTNERS' BID WOEFULLY UNDERVALUES KIN & CARTA PLC
Coast Capital Management, a leading shareholder in Kin & Carta plc (the "Company") with 6.5% of shares outstanding, unequivocally rejects Apax Partners' ("Apax") opportunistic and inadequate bid for the Company. Please see below a link to our significant concerns with the board's recommendation to support this bid.
http://www.rns-pdf.londonstockexchange.com/rns/8472Q_1-2023-10-20.pdf
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