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Merlin Entertainments PLC (MERL.L)

MERL.L on London Stock Exchange

449.70GBp
16 Oct 2017
Change (% chg)

-3.10 (-0.68%)
Prev Close
452.80
Open
455.40
Day's High
455.50
Day's Low
448.50
Volume
2,669,099
Avg. Vol
2,295,698
52-wk High
537.50
52-wk Low
422.50

Latest Key Developments (Source: Significant Developments)

Merlin Entertainments says not talking to SeaWorld about a deal
Wednesday, 11 Oct 2017 06:57am EDT 

Oct 11 (Reuters) - MERLIN ENTERTAINMENTS PLC ::MERLIN ENTERTAINMENTS STATEMENT REGARDING SEAWORLD.CONFIRM THAT MERLIN IS NOT INVOLVED IN ANY DISCUSSIONS THAT MIGHT LEAD TO ACQUISITION OF SEAWORLD OR ITS CONSTITUENT PARTS - SPOKESPERSON.  Full Article

Merlin Entertainments to raise 200 mln euros via note offering
Friday, 10 Mar 2017 06:07am EST 

Merlin Entertainments Plc : Offering of eur 200 million of its euro-denominated 2¾% senior notes due 2022 . Notes are being offered as additional notes under indenture dated 19 march 2015 pursuant to which company issued eur 500 million . Proceeds will be used to repay borrowings under company's senior facilities agreement and for general corporate purposes .Notes are being offered in a private placement and there will be no public offering of notes.  Full Article

Merlin Entertainments appoints Fraser Montgomery to the board
Thursday, 22 Dec 2016 04:01am EST 

Merlin Entertainments Plc :Announces appointment of Fraser Montgomery, commercial director to its executive board effective 1 January 2017.  Full Article

Merlin Entertainments responds to rollercoaster crash fine
Tuesday, 27 Sep 2016 07:14am EDT 

Merlin Entertainments Plc : CEO: "We were always aware that we would end up here today facing a substantial penalty, as has been delivered by court today" .CEO: "From beginning company has accepted full responsibility for terrible accident at Alton Towers".  Full Article

UK's Merlin says recent trading shows continuation of trends
Thursday, 28 Jul 2016 02:14am EDT 

Merlin Entertainments : Group revenue grew by 5.3 percent to 573 million stg . H1 pretax profit 50 million stg versus 49 million stg year ago . Interim dividend 2.2 pence per share . Good progress towards 2020 strategic milestones . Recent trading would suggest continuation of trends experienced year to date . Further recovery within Resort Theme Park estate and continued growth within Legoland parks . Midway trading performance is expected to remain subdued reflecting our cautious view on any near term improvement in London market . Anticipate full year earnings per share in line with current expectations . Our reported results, if current exchange rates prevail, should benefit from a positive translational impact .We are confident in delivery of significant year on year profit growth.  Full Article

Merlin Entertainments trading in line with expectations, London "challenging"
Thursday, 19 May 2016 02:01am EDT 

Merlin Entertainments : Group trading year to date has been broadly in line with expectations . Reflects continuation of key trends underlying the 2015 result . Market conditions in London remain challenging despite recent favourable movements in foreign exchange rates .New rides and features opened so far this season, as well as our three new Midway attractions, well received and we are encouraged by early guest feedback.  Full Article

Merlin Entertainments PLC appoints Chief Financial Officer
Tuesday, 16 Feb 2016 02:00am EST 

Merlin Entertainments PLC:Announces that it has agreed the appointment of Anne-Françoise Nesmes to the Board as Chief Financial Officer, with effect from 1 August 2016.Says Nesmes will succeed Andrew Carr, whose intention to retire was announced in January.  Full Article

Merlin Entertainments PLC says human error caused Alton Towers crash - Reuters
Tuesday, 24 Nov 2015 03:57am EST 

Merlin Entertainments PLC:A roller coaster crash at Merlin Entertainments' Alton Towers theme park in Britain, which seriously injured four teenagers, was caused by human error, the firm's own investigation has concluded - RTRS.The June 2 crash on "The Smiler" ride at the park in Staffordshire, central England, led to two of the injured having leg amputations - RTRS."The investigation concluded that the incident was the result of human error culminating in the manual override of the ride safety control system without the appropriate protocols being followed," Merlin said on Tuesday - RTRS.The inquiry also identified areas where protocols and the training of employees should be improved, it said - RTRS.There were found to be no technical or mechanical problems with the ride itself.Merlin has taken full responsibility for the incident and continues to cooperate with a Health and Safety Executive investigation - RTRS.The firm said that since the accident Alton Towers, one of Britain's biggest theme parks, has put in place improved safety measures across all multi-car roller coasters to ensure there is no repeat of the accident - RTRS.  Full Article

Merlin Entertainments PLC - Alton Towers to make up to 190 staff redundant -Guardian - Reuters
Monday, 9 Nov 2015 10:25am EST 

Merlin Entertainments PLC:Lton Towers is to make up to 190 redundancies after a downturn in visitor numbers in the wake of a serious rollercoaster crash - Guardian.The owner of the Staffordshire-based attraction, Merlin Entertainments, last month revealed a sharp drop in revenue across its theme park division as visitors stayed away following the accident on The Smiler rollercoaster this summer - Guardian.Five people were seriously injured in the crash on 2 June, which resulted in the 500-acre theme park being closed for four days - Guardian.The group said: “At the end of a very difficult year, Alton Towers Resort has confirmed a proposed restructure of the business to be completed in time for the opening of the new season in March 2016 - Guardian.“Regretfully however, it may result in the loss of up to 190 salaried jobs across the resort - Guardian.“We anticipate some of these will be accounted for by a programme of non-replacement of existing vacancies, early retirement, redeployment elsewhere in the group, and voluntary redundancy - Guardian.  Full Article

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Merlin Entertainments bids for part of SeaWorld: source

UK-based theme park operator Merlin Entertainments Plc has approached marine park operator SeaWorld Entertainment Inc about a potential deal, according to a person familiar with the matter.