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Ladbrokes PLC (LAD.L)

LAD.L on London Stock Exchange

138.70GBp
29 Jul 2016
Change (% chg)

2.70p (+1.99%)
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136.00p
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134.70p
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Latest Key Developments (Source: Significant Developments)

UK's CMA asks to appoint monitoring trustee in Ladbrokes' Gala Coral deal
Friday, 29 Jul 2016 09:53am EDT 

Ladbrokes Plc :Direction to appoint monitoring trustee in ladbrokes acquisition of gala coral.  Full Article

UK's CMA receives Ladbrokes, Coral merger inquiry responses
Friday, 17 Jun 2016 11:47am EDT 

UK's CMA : Responses to provisional findings and notice of possible remedies on ladbrokes / coral merger inquiry published . William Hill says co is broadly supportive of the cma's provisional findings . William Hill says 35 percent weighted share of shops intervention threshold used likely to be too high on ladbrokes deal inquiry .William Hill says reduction in competition as a result of ladbrokes deal could reduce incentives faced by third parties to develop innovations.  Full Article

UK's Takeover Panel committee rules on Ladbrokes deal on Playtech
Wednesday, 15 Jun 2016 06:58am EDT 

Uk's Takeover Panel Hearing Committee : Concluded and rules that there is no basis for requiring publication by ladbrokes of any further information relating . No basis for requiring ladbrokes to call further meeting to vote on resolutions which were before shareholders on 24 nov Further company coverage: [LAD.L].  Full Article

Ladbrokes Plc's Richard Snow to be acting chief financial officer
Friday, 11 Dec 2015 02:00am EST 

Ladbrokes Plc:Says that following the departure of chief financial officer, Ian Bull, at the end of Feb 2016, announced on Sept. 16, Richard Snow will take over as acting CFO.Says Richard Snow will not be a director of the company.  Full Article

Ladbrokes plc and Coral signs GBP1.35 billion facility with syndicate of relationship banks
Friday, 9 Oct 2015 02:00am EDT 

Ladbrokes plc and Coral:Says that it has signed a GBP1.35 billion facility with a syndicate of relationship banks to provide committed financing for its proposed merger, subject to completion, with Coral announced on July 24, 2015.  Full Article

Ladbrokes plc announces directorate change
Wednesday, 16 Sep 2015 02:01am EDT 

Ladbrokes plc and Coral:Announces their intention to merge, and it was agreed that Paul Bowtell, Coral's Chief Financial Officer, would become Finance Director of the combined business.Says accordingly the Board of Ladbrokes has now agreed with Ian Bull, Chief Financial Officer, the timing of his departure in Feb. 2016.  Full Article

Ladbrokes PLC declares interim dividend
Tuesday, 11 Aug 2015 02:00am EDT 

Ladbrokes PLC:Says that it intends to pay a total dividend of 3.0p per share for the FY 2015.Says it has declared an interim dividend of 1.0p per share payable on Nov. 12, 2015 to shareholders on the register on Sept. 25, 2015.  Full Article

Ladbrokes PLC announces share placing
Friday, 24 Jul 2015 02:21am EDT 

Ladbrokes PLC:Says that non pre-emptive placing of up to 92,378,680 new ordinary shares in the company representing up to about 9.99 pct. of the company's existing issued ordinary share capital to both existing and new institutional investors in the company.  Full Article

Ladbrokes PLC gives FY 2015 operating profit guidance
Friday, 24 Jul 2015 02:03am EDT 

Ladbrokes PLC:Sees FY2015 operating profit to be GBP20 mln lower than the Board's previous expectation.  Full Article

Ladbrokes PLC recommended proposed merger
Friday, 24 Jul 2015 02:03am EDT 

Ladbrokes PLC:Says that the company and Gala Coral Group Limited have agreed the terms of a recommended merger of Ladbrokes with certain businesses of Gala Coral.Says the businesses including Coral Retail, Eurobet Retail and Gala Coral's Online businesses to create a European betting and gaming group that is better positioned to compete more effectively.To effect the Merger, Ladbrokes will issue new ordinary shares to the existing shareholders of Gala Coral representing 48.25 pct. of the enlarged issued share capital of the Combined Entity.Existing Ladbrokes shareholders will own 51.75 pct. on the same basis.  Full Article

BRIEF-UK's CMA asks to appoint monitoring trustee in Ladbrokes' Gala Coral deal

* Direction to appoint monitoring trustee in ladbrokes acquisition of gala coral Source text: http://bit.ly/2a4SAcB Further company coverage: