Tag: Ladbrokes

April 25, 2016 BY Maria Nikolova

Richard Moross to step down as Ladbrokes' Non-exec Director

Ladbrokes PLC (LON:LAD) announced today that Richard Moross has voiced his intentions to step down as a non-executive director at this year's annual general meeting, to be held on May 5, 2016. Mr Moross will not seek re-election as a Director at the AGM. Mr Moross joined Ladbrokes' Board in 2012. He is a digital…

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January 11, 2016 BY Maria Nikolova

UK competition regulator fast-tracks Ladbrokes/Coral merger to phase 2 investigation

The UK Competition and Markets Authority (CMA) today referred the proposed merger of gaming and betting provider Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses for an in-depth phase 2 investigation. The CMA started its phase 1 investigation on December 16, 2015 and…

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December 16, 2015 BY Maria Nikolova

Ladbrokes, Coral Group seek to fast track regulatory approval of merger

The UK Competition and Markets Authority (CMA) today announced an invitation to comment on the proposed merger of gaming and betting provider Ladbrokes PLC (LON:LAD) and certain businesses of Gala Coral Group Limited, including Coral Retail, Eurobet Retail and Gala Coral’s online businesses. As usual, the CMA is considering whether this transaction will result in the…

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December 10, 2015 BY Maria Nikolova

Ladbrokes' Chairman John Kelly acquires 30,000 shares in company

Gaming and betting provider Ladbrokes PLC (LON:LAD) today provided a report of a transaction in its shares that took place on December 9, 2015. John Kelly, the newly appointed Chairman of Ladbrokes, acquired 30,000 shares in the company. The price paid per share was 116.02p. Non-executive director Mark Pain also bought shares in Ladbrokes yesterday. He…

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November 19, 2015 BY Maria Nikolova

Ladbrokes defends Coral merger, following Desmond's criticism

Ladbrokes PLC (LON:LAD), a gaming and betting provider, today had to defend the rationale for the proposed merger with the Coral Group, following stark criticism from one of Ladbrokes' shareholders - Dermot Desmond. Mr Desmond has published an open letter slamming the proposed deal and simply calling it “bad”. His arguments include what has already become…

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September 10, 2014 BY Gerald Segal

Investors like SafeCharge's 1H results, send shares up 4%

One of the cardinal rules of investing is 'Buy the Rumor, Sell the News'. As such, conventional wisdom might have led us to believe that - after a runup in its share price leading to the announcement yesterday of its first half 2014 results - there might be a post-announcement letdown in the share price…

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