1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. Entain plc
  6. News
  7. Summary
    GVC   IM00B5VQMV65

ENTAIN PLC

(GVC)
  Report
Real-time Estimate Cboe Europe  -  04:38 2022-08-10 am EDT
1284.75 GBX   +0.65%
07/26ENTAIN PLC : Crossing thresholds
CO
07/25ENTAIN PLC : Crossing thresholds
CO
07/25ENTAIN PLC : Crossing thresholds
CO
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Entain : Board appointment

06/20/2022 | 04:24am EDT

20 June 2022

Entain plc
("Entain", the "Company")

Board appointment

Entain plc (LSE: ENT), the leading global sports betting, gaming and interactive entertainment group, announces the appointment of Rahul Welde as an independent Non-Executive Director. The appointment will take effect from 1 July 2022.

Rahul was most recently Executive Vice President of Global Digital Transformation at Unilever plc where he drove digital strategies for the Unilever brands. He is an Indian national and brings over 30 years' experience in the global fast-moving consumer goods sector.

On appointment, Rahul will become a member of the ESG (Environmental, Social and Governance) Committee.

Barry Gibson, Chairman of Entain, said: "On behalf of the Board, I am delighted to welcome Rahul to Entain. Rahul brings with him exceptional knowledge of customer experience excellence, ecommerce and digital transformation. I am confident that his skills and expertise will further enhance the Board's ability to support and oversee the delivery of our strategy."

There are no details to disclose for Rahul Welde under Listing Rule 9.6.13 and he does not own any Entain plc ordinary shares.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries:

Company Secretary - Entain plc

Tel: +44 (0) 203 938 000

Emily Carey

secretary@entaingroup.com

Investor Relations - Entain plc

investors@entaingroup.com

David Lloyd-Seed, Chief IR & Communications Officer

david.lloyd-seed@entaingroup.com

Davina Hobbs, Head of Investor Relations

davina.hobbs@entaingroup.com

Callum Sims, IR Manager

callum.sims@entaingroup.com

Media - Entain plc

media@entaingroup.com

Lisa Attenborough, Head of Corporate Communications

lisa.attenborough@entaingroup.com

Jay Dossetter, Head of ESG and Press Office

jay.dossetter@entaingroup.com

Jodie Hitch, PR Manager

jodie.hitch@entaingroup.com

LEI: 213800GNI3K45LQR8L28

About Entain plc
Entain (LSE: ENT) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Bet.pt, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet and Sports Interaction; Gaming Brands include CasinoClub, Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US. Entain provides the technology and capabilities which power BetMGM as well as exclusive games and products, specially developed at its in-house gaming studios. The Group is tax resident in the UK with operations in a total of 31 regulated or regulating territories. Entain is a leader in ESG, a member of FTSE4Good, the DJSI and is AA rated by MSCI. The Group has set a science-based target, committing to be carbon net zero by 2035 and through the Entain Foundation supports a variety of initiatives, focusing on safer gambling, grassroots sport, diversity in technology and community projects.

For more information see the Group's website: www.entaingroup.com

Notes for Editors

  1. The appointment of Rahul Welde as a Non-Executive Director was made by the Board on the recommendation of the Nomination Committee following a search led by the Chairman.
  2. The Board determined that Rahul Welde is an independent Non-Executive Director upon appointment in accordance with the UK Corporate Governance Code.
  3. The annual fee payable to Rahul Welde as a Non-Executive Director is £85,000.
  4. Rahul Welde has been issued with a Letter of Appointment which may be viewed by contacting the Company Secretary.
  1. Following the above change, the composition of the Entain board will be as follows:
  • J M Barry Gibson, Chairman of the Board
  • Jette Nygaard-Andersen, Chief Executive Officer
  • Rob Wood, Chief Financial Officer and Deputy CEO
  • Robert Hoskin, Chief Governance Officer
  • Stella David, Senior Independent Director
  • Pierre Bouchut, Independent Non-Executive Director and Chair of the Audit Committee
  • Mark Gregory, Independent Non-Executive Director and Chair of the Remuneration Committee
  • Vicky Jarman, Independent Non-Executive Director
  • Virginia McDowell, Independent Non-Executive Director, Designated Workforce Director and Chair of the ESG Committee
  • David Satz, Independent Non-Executive Director
  • Rahul Welde, Independent Non-Executive Director

LEI: 213800GNI3K45LQR8L28

Disclaimer

Entain plc published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 08:23:00 UTC.


© Publicnow 2022
All news about ENTAIN PLC
07/26ENTAIN PLC : Crossing thresholds
CO
07/25ENTAIN PLC : Crossing thresholds
CO
07/25ENTAIN PLC : Crossing thresholds
CO
07/19ENTAIN PLC : Crossing thresholds
CO
07/15Major league baseball expands wide-ranging partnership with mgm resorts international &..
AQ
07/14ENTAIN PLC : Crossing thresholds
CO
07/13ENTAIN PLC : Crossing thresholds
CO
07/11ENTAIN PLC : Crossing thresholds
CO
07/11ENTAIN PLC : Crossing thresholds
CO
07/11ENTAIN PLC : Crossing thresholds
CO
More news
Analyst Recommendations on ENTAIN PLC
More recommendations
Financials
Sales 2022 4 310 M 5 210 M 5 210 M
Net income 2022 207 M 251 M 251 M
Net Debt 2022 2 168 M 2 620 M 2 620 M
P/E ratio 2022 34,7x
Yield 2022 1,33%
Capitalization 7 516 M 9 084 M 9 084 M
EV / Sales 2022 2,25x
EV / Sales 2023 2,04x
Nbr of Employees 23 390
Free-Float 97,6%
Chart ENTAIN PLC
Duration : Period :
Entain plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ENTAIN PLC
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Last Close Price 1 276,50 GBX
Average target price 2 049,07 GBX
Spread / Average Target 60,5%
EPS Revisions
Managers and Directors
Jette Nygaard-Andersen Chief Executive Officer & Director
Robert Matthew Wood CFO, Director & Deputy Chief Executive Officer
John Michael Barry Gibson Non-Executive Chairman
Sandeep Tiku Chief Technology Officer
Pierre Bouchut Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ENTAIN PLC-24.15%9 084
GALAXY ENTERTAINMENT GROUP LIMITED16.83%26 226
EVOLUTION AB-26.37%19 871
FLUTTER ENTERTAINMENT PLC-26.75%18 304
SANDS CHINA LTD-2.86%18 187
ARISTOCRAT LEISURE LIMITED-20.75%16 029