Tag Archives: Silchester

London hedge fund Parvus Asset Management has reduced its stake in William Hill Plc to 4.9% (42.4 million shares) having previously held a 9.99% interest in the FTSE bookmaker. Completing a share sale this March, Parvus significantly reduces its equity in William Hill becoming the bookmaker’s fifth largest investor. Led by Danish financier Mads Eg Gensmann, Parvus has previously served …

Updating the market, FTSE bookmaker William Hill Plc has confirmed that Ruth Prior has officially taken the corporate leadership position of Chief Financial Officer (CFO). Last March, William Hill governance had confirmed that it had headhunted Prior from leading global payments provider WorldPay’s executive team where she had served as Chief Operations Officer and Deputy CFO (2013-2017). A seasoned finance …

London private equity firm Silchester has acquired a 5% stake in William Hill Plc, becoming the fourth largest shareholder of the FTSE-listed operator. Led by fund manager Stephen Butt, who is considered one of London’s top performing investors, Silchester specialises in taking ‘long-hold’ positions on businesses which it believes are undervalued. A tough two-years in which William Hill performance has …