United States

William Hill PLC (WMH.L)

WMH.L on London Stock Exchange

21 Jul 2017
Change (% chg)

0.80 (+0.32%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

William Hill says group net revenue for 17-wks to April 25 up 9 pct
Tuesday, 9 May 2017 02:00am EDT 

May 9 (Reuters) - William Hill Plc ::Trading statement.Announces a trading update for unaudited 17 weeks to 25 april 2017.Growth in wagering and net revenue across all four divisions.Online sportsbook amounts wagered up 9% and gaming net revenue up 8% following product improvements.Retail sportsbook amounts wagered up 2% and gaming net revenue up 4%.On track to deliver annualised £40m of cost efficiencies, largely for reinvestment, by end of 2017.In line with market expectations for 2017 assuming normalised margins."It has been a positive start to year for William Hill across board" - ceo."overall, we are in line with market expectations for 2017 at this early stage in year." - ceo.  Full Article

William hill says appoints Ruth Prior as CFO
Thursday, 30 Mar 2017 02:00am EDT 

William Hill Plc : William Hill appoints Ruth Prior as CFO . Ruth Prior will be appointed chief financial officer (cfo), effective later in year .Ruth is currently chief operating officer (coo) and was previously deputy cfo of worldpay.  Full Article

William Hill appoints Philip Bowcock as CEO
Friday, 10 Mar 2017 02:15am EST 

William Hill Plc :Philip Bowcock appointed CEO of William Hill.  Full Article

William Hill says FY adjusted operating profit 261.5 mln stg
Friday, 24 Feb 2017 02:29am EST 

William Hill Plc : Total dividend 12.5 penceper share . FY group net revenue up 1 pct to 1,603.8 mln stg . FY adjusted operating profit 1 of 261.5 mln stg in line with revised guidance . full-year dividend maintained at 12.5p per share . For seven weeks to Feb. 14 , positive trends in amounts wagered in all four divisions, including encouraging improvement in online . Online's UK business is now delivering sustained growth- CEO . For seven weeks to Feb. 14, UK sportsbook wagering up 10 pct and UK gaming net revenue up 8 pct . Looking forward, co is expanding product range, increasing marketing investment .Expect performance to continue to improve during 2017.  Full Article

William Hill says FY oper profit at 260 mln stg
Monday, 9 Jan 2017 02:00am EST 

William Hill Plc : Trading statement . In nine weeks since trading statement on 14 november 2016, wagering trends continued in line with those previously reported . Gross win margins were below expectations, in large part due to unfavourable football and horseracing results impacting sector during december. . As a result, group's full-year operating profit 1 for 2016 was c£260m, at bottom end of our guided £260-280m range. . All four divisions saw customer-friendly results at back end of year, which translated into profits being c£20m below our prior expectations .With key underlying trends continuing to be positive, recent run of sporting results have not changed our confidence in a better performance in 2017.".  Full Article

Amaya Inc says confirms potential merger talks with William Hill
Friday, 7 Oct 2016 06:00pm EDT 

Amaya Inc : Amaya has been undertaking a review of its strategic alternatives since february 2016 . Discussions are ongoing and there can be no certainty that an agreement will be reached . Boards of William Hill PLC, Amaya Inc note recent press speculation and confirm that they are in discussions regarding potential all share merger . Board of William Hill evaluating options to accelerate William Hill's strategy of increasing diversification . Potential merger would be consistent with strategic objectives of both William Hill and Amaya . Potential merger would be classified as a reverse takeover . Citigroup global markets limited is acting as financial adviser to William Hill .Barclays Bank Plc is acting exclusively for Amaya.  Full Article

William Hill sees FY profit at top of range as 888-Rank bid falls through
Thursday, 18 Aug 2016 11:43am EDT 

William Hill Plc : Statement regarding 888 and rank group withdrawal . Consortium is bound by restrictions of takeover code . Had a good start to second half of year and board now expects operating profit 1 for 2016 to be at top end of previously guided £260-280m range .Management believe there are opportunities to benefit from increased efficiencies in certain areas of business.  Full Article

Rank delays FY results citing on-going deal talks with William Hill
Monday, 15 Aug 2016 05:44am EDT 

Rank Group Plc : Will announce FY results on Tuesday, Aug. 23 2016, rather than on Thursday, Aug. 18 2016 as previously announced .Delay is a consequence of continuing developments in interest expressed by Rank and 888 Holdings Plc in acquiring William Hill Plc.  Full Article

Rank Group,888 confirm making a revised offer for William Hill
Monday, 15 Aug 2016 04:29am EDT 

Rank Group Plc : Confirm that on 14 August 2016 they submitted an improved non-binding proposal to board of William Hill regarding a possible combination of 888, Rank and William Hill . 888 and Rank believe that there is potential to identify additional upside in both quantum and timing of cost synergies, plus substantial cost synergies, through constructive engagement . Total capitalised value of cost synergies to William Hill shareholders based on terms of improved proposal would be 52 pence per William Hill share . Value of improved proposal of 394 pence for each William Hill share does not take into consideration capitalised value of cost synergies to William Hill shareholders of 52 pence per william hill share .888 and Rank would welcome opportunity to engage with board of William Hill with goal of consummating a recommended transaction..  Full Article

Rank Group and 888 said to have submitted offer for William Hill valuing it at 364P apiece- FT
Tuesday, 9 Aug 2016 06:00am EDT 

: Rank Group and 888 consortium is said to have submitted a formal offer for William Hill that values the shares at 364P apiece- FT, citing sources Source (http://on.ft.com/2bg5cLn) ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

UPDATE 1-Online improvement helps William Hill make positive start to year

May 9 British bookmaker William Hill Plc , which in March named a new chief executive and finance head, on Tuesday reported a 16 percent rise in online net revenue for the 17 weeks to April 25 after product improvements helped it to attract more customers.