24th Jul 2015 07:02
THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION, OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER STATE OR JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
FOR IMMEDIATE RELEASE
24 JULY 2015
LADBROKES PLC
Ladbrokes plc draws investors' attention to three announcements issued at 7am this morning regarding:
· A proposed recommended merger of Ladbrokes plc and the Coral Group(1) to create a leading European betting and gaming group;
· Its revised stand-alone, organic strategy to grow Ladbrokes' recreational customer base and build scale; and
· A proposed share placing of c.9.99% of its issued share capital.
Presentation
Ladbrokes PLC and Gala Coral will host a presentation for analysts and investors at 8.30am today at UBS Ground Floor Conference Centre, 1 Finsbury Avenue, London EC2M 2PP.
A conference call and webcast will also be available details of which are set out in the announcements above.
END
(1) The Coral Group comprises certain businesses of Gala Coral Group Limited including Coral Retail, Eurobet Retail and Gala Coral Group Limited's Online businesses
Related Shares:
Ladbrokes Coral