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Ladbrokes Coral Group PLC (LCL.L)

LCL.L on London Stock Exchange

166.10GBp
16 Feb 2018
Change (% chg)

2.10 (+1.28%)
Prev Close
164.00
Open
162.30
Day's High
166.95
Day's Low
162.30
Volume
6,303,055
Avg. Vol
13,479,224
52-wk High
190.15
52-wk Low
110.30

Latest Key Developments (Source: Significant Developments)

Ladbrokes ‍Launches Consent Solicitation Over Some Bonds​
Tuesday, 13 Feb 2018 09:37am EST 

Feb 13 (Reuters) - LADBROKES::‍LAUNCH OF CONSENT SOLICITATION IN RESPECT OF BONDS​.‍LAUNCHES CONSENT SOLICITATION IN RESPECT OF ITS £100,000,000 5.125 PER CENT. BONDS DUE 2022 AND £400,000,000 5.125 PER CENT. NOTES DUE 2023.‍GVC BELIEVES ABSENT ANY ADVERSE IMPACT OF TRIENNIAL REVIEW ON LADBROKES' UK BUSINESS, HEADCOUNT REDUCTION WILL BE UNDER 5 PERCENT OF ENLARGED GROUP.‍IN ABSENCE OF APPROVAL FOR GUARANTOR SUBSTITUTION TO GVC, NEITHER COS HAVE ANY CURRENT NEED OR INTENTION TO REDEEM ANY OF 2022 OR 2023 NOTES​.  Full Article

Ladbrokes Coral Group Says Full Year Group Operating Profit Was At Top End Of Management Expectations​
Friday, 9 Feb 2018 11:26am EST 

Feb 9 (Reuters) - Gvc Holdings Plc ::‍FULL YEAR GROUP OPERATING PROFIT WAS AT TOP END OF MANAGEMENT EXPECTATIONS​.‍FULL YEAR GROUP NET REVENUE +4%​.‍SECOND INTERIM DIVIDEND OF 4P ANNOUNCED​.‍TOTAL GROUP NET REVENUE WAS 12% AHEAD OF LAST YEAR​.‍BOARD DOES NOT INTEND TO DECLARE A FINAL DIVIDEND FOR YEAR ENDED 31 DECEMBER 2017​.‍CONDITIONAL UPON ACQUISITION BEING APPROVED AT LADBROKES CORAL SHAREHOLDER MEETINGS, DRIP WILL BE CANCELLED​.  Full Article

Gvc Holdings Plc says daily NGR for Q4 rose by 21 pct
Thursday, 11 Jan 2018 02:00am EST 

Jan 11 (Reuters) - Gvc Holdings Plc ::GROUP ENJOYED A RECORD QUARTERLY NGR IN Q4 2017 AND, AS A RESULT, NGR FOR YEAR TO 31 DECEMBER 2017 IS EXPECTED TO BE CEUR 1,009M​.‍BOARD EXPECTS CLEAN EBITDA FOR FY TO BE AT TOP END OF MANAGEMENT'S INTERNAL EXPECTATIONS​.‍DAILY NGR FOR Q4 INCREASED BY 21% (+25% IN CONSTANT CURRENCY) AND ON AN UNDERLYING BASIS, WAS 31% HIGHER​.  Full Article

Bookrunner says orders below 170P per share risk missing in Ladbrokes Coral accelerated bookbuilt offering
Monday, 11 Dec 2017 12:56pm EST 

Dec 11 (Reuters) - BOOKRUNNER::LADBROKES CORAL GROUP: BOOKRUNNER SAYS ORDERS BELOW 170P PER SHARE RISK MISSING IN ACCELERATED BOOKBUILT OFFERING; BOOKS CLOSE AT 6.45PM UK.  Full Article

Apollo Funds Announces Launch Of Accelerated Bookbuild Offering Of About 111.9 Mln Shares In Ladbrokes Coral
Monday, 11 Dec 2017 12:01pm EST 

Dec 11 (Reuters) - APOLLO FUNDS : :LADBROKES CORAL GROUP: APOLLO FUNDS ANNOUNCES LAUNCH OF ACCELERATED BOOKBUILD OFFERING OF ABOUT 111.9 MILLION SHARES IN LADBROKES CORAL.LADBROKES CORAL GROUP: PLACING SHARES REPRESENT ABOUT 5.8% OF LADBROKES CORAL’S ISSUED SHARE CAPITAL.LADBROKES CORAL GROUP: IMMEDIATELY AFTER COMPLETION OF TRANSACTION, APOLLO FUNDS ARE NO LONGER EXPECTED TO BE A SHARE-HOLDER IN LADBROKES CORAL.LADBROKES CORAL GROUP: MORGAN STANLEY AND BARCLAYS ACTING AS JOINT BOOKRUNNERS.  Full Article

Ladbrokes Coral says ‍group net revenue improved to +3 pct for period July 1 to Oct. 29
Monday, 13 Nov 2017 02:00am EST 

Nov 13 (Reuters) - LADBROKES CORAL GROUP PLC ::Q3 ‍EUROPEAN RETAIL NET REVENUE ACCELERATED TO +17% (CC +12%)​.Q3 ‍GROUP NET REVENUE IMPROVED TO +3% FROM Q2 -2% (H1 +1%)​.‍Q3 DIGITAL NET REVENUE +12% WITH SPORTSBOOK NET REVENUE +18% AND GAMING NET REVENUE +6%​.‍WILL TAKE AN ACTIVE PART IN PROVIDING EVIDENCE ON ALL RELEVANT AREAS AS PART OF TRIENNIAL REVIEW OUTLINED WITHIN CONSULTATION DOCUMENT​.  Full Article

Ladbrokes Coral accepts failures identified by Gambling Commission in Gala Interactive operations fell short of standards
Monday, 6 Nov 2017 02:37am EST 

Nov 6 (Reuters) - Ladbrokes Coral Group Plc :ACCEPTS FAILURES IDENTIFIED BY GAMBLING COMMISSION IN GALA INTERACTIVE OPERATIONS FELL SHORT OF STANDARDS, PROCEDURES EXPECTED​.‍AGREED TO PAY BACK MONEY MADE IN RELATION TO TWO CUSTOMERS.‍TO MAKE £1.2 MILLION CONTRIBUTION TO FUND RESEARCH INTO CAUSES, IDENTIFICATION OF PROBLEM GAMBLING.‍FAILURES IDENTIFIED BY GAMBLING COMMISSION INVESTIGATION WERE IN RESPECT OF GALA INTERACTIVE'S WRITTEN POLICIES AND PROCEDURES.  Full Article

Ladbrokes Coral says ‍Carl Leaver to step down as director
Thursday, 2 Nov 2017 06:30am EDT 

Nov 2 (Reuters) - Ladbrokes Coral Group Plc :‍CARL LEAVER STEPPED DOWN AS DIRECTOR ON 31 OCTOBER 2017, AND CEASED TO BE EMPLOYED BY GROUP ON THIS DATE​.‍LEAVER IS ELIGIBLE TO RECEIVE A DISCRETIONARY BONUS SUBJECT TO SUCCESSFUL DELIVERY OF CERTAIN SYNERGY MEASURES ARISING FROM MERGER.  Full Article

Certain Apollo Funds and Cerberus sell 49.3 mln shares in Ladbrokes Coral Group - bookrunner
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - :BLOCK TRADE - LADBROKES CORAL GROUP PLC <<>>: BOOKRUNNER SAYS CERTAIN APOLLO FUNDS AND CERBERUS SELL 49.3 MILLION SHARES IN LADBROKES CORAL GROUP.BLOCK TRADE - LADBROKES CORAL GROUP PLC :BOOKRUNNER SAYS PLACING SHARES WERE PRICED AT 124.5 P/SHARE, RAISING GROSS SALE PROCEEDS OF ABOUT 61.4 MILLION STG.  Full Article

Ladbrokes Coral final price guidance is 124.5 pence per share - Bookrunner
Wednesday, 1 Nov 2017 01:30pm EDT 

Nov 1 (Reuters) - BLOCK TRADE - LADBROKES CORAL GROUP PLC ::BLOCK TRADE - LADBROKES CORAL GROUP PLC : BOOKRUNNER SAYS FINAL PRICE GUIDANCE IS 124.5 GBP PER SHARE, BOOKS CLOSING AT 6PM UK TIME‍​.  Full Article

LPC-"800lb gorilla" Unilever deal schedules Monday bank meeting

Feb 15 (LPC) - Bank meetings for Unilever’s €4.6bn-equivalent leveraged loan deal are scheduled for Monday and Wednesday in London and New York, respectively, as the market gears up for one of the biggest post-crisis European leveraged buyout loans.