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Ladbrokes Coral Group PLC (LCL.L)

LCL.L on London Stock Exchange

133.70GBp
17 Nov 2017
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133.70
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11,887,043
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139.30
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110.30

Latest Key Developments (Source: Significant Developments)

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

Certain Apollo Funds and Cerberus to sell about 49.3 mln shares in Ladbrokes Coral Group ‍​
Wednesday, 1 Nov 2017 11:00am EDT 

Nov 1 (Reuters) - Block trade - Ladbrokes Coral Group Plc ::BLOCK TRADE - LADBROKES CORAL GROUP PLC : BOOKRUNNER SAYS CERTAIN APOLLO FUNDS AND CERBERUS TO SELL ABOUT 49.3 MILLION SHARES IN LADBROKES CORAL GROUP PLC ‍​.BLOCK TRADE - LADBROKES CORAL GROUP PLC : BOOKRUNNER SAYS BOOKBUILDING FOR THE TRANSACTION WILL COMMENCE IMMEDIATELY‍​.BLOCK TRADE - LADBROKES CORAL GROUP PLC : BOOKRUNNER SAYS MORGAN STANLEY IS ACTING AS BOOKRUNNER IN CONNECTION WITH THE TRANSACTION.  Full Article

Ladbrokes Coral to take active part in triennial consultation​
Tuesday, 31 Oct 2017 05:11am EDT 

Oct 31 (Reuters) - Ladbrokes Coral Group Plc :‍LADBROKES CORAL TO TAKE ACTIVE PART IN TRIENNIAL CONSULTATION​."PROCESS HAS BEEN ONGOING FOR NEARLY TWELVE MONTHS AND INTRODUCED A PRO-LONGED PERIOD OF UNCERTAINTY INTO OUR BUSINESS"‍​.‍WELCOME FURTHER CONSULTATION AS POSITIVE STEP TO REACHING FINAL OUTCOME.HOPE THAT COMMITMENT TO BEING EVIDENCE LED WILL REMAIN IN PLACE AS WE ENTER DECISION MAKING PART OF PROCESS​.  Full Article

Ladbrokes Coral reports HY revenue of 1.2 bln stg
Thursday, 31 Aug 2017 02:00am EDT 

Aug 31 (Reuters) - Ladbrokes Coral Group Plc ::HY GROUP REVENUE 1,204.2 MILLION STG VERSUS 661.8 MILLION STG.HY GROUP EBITDA 211.0 MILLION STG VERSUS 89.8 MILLION STG.INTERIM DIVIDEND PER SHARE 2.0P."SYNERGIES NOW EXPECTED TO BE £150M PER ANNUM BY 2019, MORE THAN DOUBLE ORIGINAL ESTIMATE"."SYNERGIES FROM OUR RECENT MERGER STEP-UP SUBSTANTIALLY IN SECOND HALF TO DELIVER A FULL YEAR SAVING OF £45M".  Full Article

Block trade-Bookrunner says certain Apollo Funds, Cerberus, Anchorage sell 90.0 mln shares in ladbrokes Coral Group
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - BOOKRUNNER::BOOKRUNNER SAYS CERTAIN APOLLO FUNDS, CERBERUS AND ANCHORAGE SELL 90.0 MILLION SHARES IN LADBROKES CORAL GROUP.BOOKRUNNER SAYS PLACING SHARES PRICED AT 123.5 PENCE/SHARE, RAISING GROSS SALE PROCEEDS OF ABOUT 111 MILLION STG.  Full Article

CORRECTED-Ladbrokes Coral Group says on track for full year
Thursday, 27 Jul 2017 02:00am EDT 

July 27 (Reuters) - Ladbrokes Coral Group Plc :Says on track for full year; synergies upgraded to £150 million .HY european retail net revenue was 1% behind last year (cc -10%), and 1% ahead (cc -9%) after adjusting for euros .HY strong digital performance with net revenue 17% ahead.HY uk retail net revenue was 6% behind last year.HY total group net revenue was 1% ahead of last year (cc -1%).Total group operating profit for h1 is expected to be within range £153.3m to £158.3m - 4% to 7% ahead of last year.  Full Article

UPDATE 1-Online trading boosts revenue at UK bookmaker Ladbrokes

Nov 13 Britain's largest bookmaker Ladbrokes Coral Group reported a 3 percent rise net revenue on Monday as strong trading online helped offset falling retail sales in the UK.