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Codere SA (CDRE.MC)

CDRE.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Codere Appoints New Chairman and New General Manager
Monday, 15 Jan 2018 01:28am EST 

Jan 15 (Reuters) - CODERE SA ::SAID LATE ON FRIDAY, ITS BOARD OF DIRECTORS REMOVES JOSE ANTONIO MARTINEZ SAMPEDRO AS CHAIRMAN AND LUIS JAVIER MARTINEZ SAMPEDRO AS DEPUTY CHAIRMAN, WHO WILL REMAIN AS PROPRIETARY DIRECTORS.BOARD APPOINTS NORMAN SORENSEN VALDEZ AS NEW NON-EXECUTIVE CHAIRMAN OF THE BOARD AND VICENTE DI LORETO AS GENERAL MANAGER OF CODERE GROUP.  Full Article

Codere Board To Meet On Friday, Possible Dismissal Or Ratification Of Chairman And CEO
Wednesday, 10 Jan 2018 05:49am EST 

Jan 10 (Reuters) - CODERE SA ::SAYS BOARD TO MEET ON FRIDAY, AGENDA INCLUDES MANAGEMENT ANALYSIS AND POSSIBLE DISMISSAL OR RATIFICATION OF CHAIRMAN AND CEO.  Full Article

Codere 9-month net result turns to profit of 8.3 mln euros YoY
Tuesday, 14 Nov 2017 01:58am EST 

Nov 14 (Reuters) - CODERE SA ::9-MONTH NET PROFIT 8.3 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO.9-MONTH EBITDA 183.5 MILLION EUROS VERSUS 150.1 MILLION EUROS YEAR AGO.9-MONTH OPERATING REVENUE 1.22 BILLION EUROS VERSUS 1.15 BILLION EUROS YEAR AGO.  Full Article

Codere to group 2.55 bln shares in 2:43 ratio‍​
Tuesday, 17 Oct 2017 02:34am EDT 

Oct 17 (Reuters) - CODERE SA ::TO GROUP AND CANCEL 2.55 BILLION SHARES TO EXCHANGE THEM FOR 118.5 MILLION NEW SHARES IN A RATIO 2:43‍​.TO INCREASE PAR VALUE OF SHARES TO 4.30 EUROS FROM 0.20 EURO WITHOUT CHANGING SHARE CAPITAL.  Full Article

Codere Q2 net loss shrinks to 3.1 mln euros YoY
Tuesday, 12 Sep 2017 01:23am EDT 

Sept 12 (Reuters) - CODERE SA ::Q2 OPERATING REVENUE 409.4 MILLION EUROS VERSUS 383.9 MILLION EUROS YEAR AGO.Q2 EBITDA 57.1 MILLION EUROS VERSUS 27.1 MILLION EUROS YEAR AGO.Q2 NET LOSS 3.1 MILLION EUROS VERSUS LOSS 1.13 BILLION EUROS YEAR AGO.  Full Article

Codere to propose share consolidation at a rate 43:2
Thursday, 7 Sep 2017 10:42am EDT 

Sept 7 (Reuters) - Codere SA ::TO PROPOSE SHARE CONSOLIDATION EXCHANGING 43 OLD SHARES FOR 2 NEW SHARES‍​.SHARE CONSOLIDATION WILL HAVE NO EFFECT ON SHARE CAPITAL.  Full Article

BRIEF-Codere says Spanish Supreme Court partially rules in its favor in Pokerstars case (May 25)
Tuesday, 30 May 2017 01:51pm EDT 

Corrects headline in May 25 brief to attribute statement to Codere. Adds details on ruling from press release in bullets 3-5:SAYS SPANISH SUPREME COURT RULES IN FAVOR OF CODERE VERSUS POKERSTARS.COURT CONSIDERS THAT ONLINE GAMING AND, NAMELY, THE GAME OF POKER OFFERED ON THE WEBSITE OF THE DEFENDANT, WAS NOT A LEGAL ACTIVITY IN SPAIN.THE HIGHEST COURT PARTIALLY RULED IN FAVOR OF THE LAWSUIT FILED BY CERTAIN COMPANIES OF THE CODERE GROUP VS. COMPANIES OF THE POKERSTARS GROUP.THE COURT POINTS TO THE FACT THAT "THE CONDUCT OF THE DEFENDANT WAS NOT ISOLATED, BUT WAS GENERALIZED IN THE MARKET AND FULLY TOLERATED BY THE COMPETENT ADMINISTRATIVE GAMING AUTHORITIES".THIS CONSTITUTES THE GROUNDS FOR THE SUPREME COURT NOT GRANTING THE DAMAGES COMPENSATION SOUGHT BY CODERE, AS CODERE COULD HAVE BEEN PART OF THE ILLEGAL, BUT TOLERATED, ACTIVITY.  Full Article

Spanish Supreme Court rules in favor of Codere vs Pokerstars
Thursday, 25 May 2017 09:09am EDT 

May 25 (Reuters) - CODERE SA ::SAYS SPANISH SUPREME COURT RULES IN FAVOR OF CODERE VERSUS POKERSTARS.COURT CONSIDERS THAT ONLINE GAMING AND, NAMELY, THE GAME OF POKER OFFERED ON THE WEBSITE OF THE DEFENDANT, WAS NOT A LEGAL ACTIVITY IN SPAIN.  Full Article

Codere Q1 net result turns to profit of 2.7 mln euros
Friday, 12 May 2017 01:23am EDT 

May 12 (Reuters) - Codere SA ::Q1 ADJUSTED EBITDA 68.1 MILLION EUROS VERSUS 66.8 MILLION EUROS YEAR AGO.Q1 NET PROFIT 2.7 MILLION EUROS VERSUS LOSS 9.0 MILLION EUROS YEAR AGO.Q1 OPERATING REVENUE 405.1 MILLION EUROS VERSUS 376.0 MILLION EUROS YEAR AGO.  Full Article

Codere increases stake in Mexican units for $26 mln
Monday, 3 Apr 2017 03:41am EDT 

Codere SA :Increases stake in Mexican units for $26 million, $22 million of which will be paid in cash and the remaining $4 million via off-set against amounts due to Codere by Grupo Caliente.  Full Article

BRIEF-Codere Appoints New Chairman and New General Manager

* SAID LATE ON FRIDAY, ITS BOARD OF DIRECTORS REMOVES JOSE ANTONIO MARTINEZ SAMPEDRO AS CHAIRMAN AND LUIS JAVIER MARTINEZ SAMPEDRO AS DEPUTY CHAIRMAN, WHO WILL REMAIN AS PROPRIETARY DIRECTORS