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William Hill GBP 350 million shares offer romps home
The British online and land gambling group William Hill plc has reported complete success in its rights issue offer to raise GBP 350 million. Whm.l
A company spokesman said that over 97 percent of the new shares offered in its rights issue had been snapped up in short order by investors keen to take advantage of a heavily discounted price of 105p as part of a bid to reduce the company's GBP 1.4 billion debt.
In February William Hill confirmed the rights issue as part of a GBP 840 million refinancing that also saw the final dividend scrapped.
William Hill saw a three percent dip in profits for the year to December 30, to GBP 278.6 million .
Executives hope the discounted shares, underwritten by Citigroup, will strengthen the company's financial situation.
The spokesman said the shares, in a certificated form, would be dispatched to shareholders no later than April 16.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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