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According to a Tuesday report from the Financial Times newspaper, the London-listed operator is running a share offer for up to 19.99% of its existing equity after being forced to temporarily shutter every one of its 1,533 domestic bookmaking shops from March 23 as part of a government-led campaign to help stop the spread of the potentially-deadly coronavirus strain.“As a company looking to continually grow in a regulated jurisdiction, ATG matched our ambition and we are confident of a long and successful partnership....
According to a Tuesday report from the Financial Times newspaper, the London-listed operator is running a share offer for up to 19. This return will purportedly give the London-headquartered firm enough cash to cover a coming bond and significantly boost investor confidence as the world continues to struggle with the economic fallout caused by the coronavirus pandemic.Important initiatives:Although these venues were officially allowed to re-open from Monday, the newspaper reported that William Hill has so far only revived operations at some 734 United Kingdom locations and is continuing with cost-cutting measures that have seen it reduce staff salaries, decrease capital expenditures and scrap its most recent dividend payment....
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