Tag Archives: FTSE

Strengthening its corporate affairs and public relations leadership, GVC Holdings has confirmed the appointment of former BBC Business Correspondent Tessa Curtis to the newly created role of Head of Media Relations. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Joining GVC on 1 September, Curtis will be tasked with overseeing the …

Playtech Plc has offloaded its casual games subsidiaries FTX Games and Plamee Studios to US games publisher Tilting Point, following an undisclosed agreement. Games news sources report that Tilting Point has agreed to take over all major IPs and key employees of FTX Games and Plamee. In 2014, Playtech launched its Plamee casual games studio, a subsidiary division formed by …

William Hill Plc has begun the phased closure of its ‘Gametek Office’ in Stockholm, a decision the FTSE betting group has undertaken to simplify its operating structures. Issuing a statement to SBC, William Hill brands its Stockholm office closure as ‘a natural step’ in the firm’s integration of MRG Group assets within its wider organisation. William Hill will move to …

FTSE250 GVC Holdings has confirmed that its executive committee members will take a 20% pay cut, while some staff have agreed to also forego bonus payments for 2020. GVC’s Board and remuneration committee stated that it ‘would be appropriate’ for both the Board of Directors and Executive Committee to take a voluntary reduction in basic salary and fees for three …

GVC Holdings has moved to restructure terms on its revolving credit facility with existing lenders, allowing for greater flexibility as the FTSE firm navigates global COVID-19 business complexities. Last March, operating on a ‘worst-case scenario’ basis, whereby the global sports calendar would be suspended until August, GVC governance sanctioned access to a £550 million revolving credit facility, with a view …

Playtech Plc has confirmed the appointment of Claire Milne as Interim Company Chair, succeeding Alan Jackson who chose to end his seven-year tenure as Chairman of the FTSE250 technology group at the start of the year. Assessing market dynamics interrupted by the global COVID-19 pandemic, Playtech detailed that it has chosen to delay its executive search for a new permanent …

Ulrik Bengtsson Group Chief Executive of William Hill Plc has agreed to relinquish his executive performance rewards and entitlements for 2020, in light of ongoing COVID-19 impacts on the business and its global workforce. William Hill confirmed Bengtsson’s decision publishing the FTSE250 betting group’s ‘2020 Executive Remuneration’ report this afternoon. Countering COVID-19 disruptions across its business channels, William Hill governance states …