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Entain plc ( (GB:ENT) ) has shared an announcement.
Entain plc has applied for the block listing of 3,000,000 new ordinary shares to be admitted to the FCA’s Official List and traded on the London Stock Exchange. This move is intended to fulfill the regular issuance of shares under the company’s 2017 Long Term Incentive and Bonus Plans, as well as its Sharesave Plans. This step underscores Entain’s ongoing growth and operational strategies, potentially impacting its market presence and shareholder value.
More about Entain plc
Entain plc is a FTSE100 global sports betting and gaming group, operating both online and in retail sectors. It owns a broad portfolio of established brands in sports, such as BetCity and Ladbrokes, and gaming, including Foxy Bingo and Partypoker. The company operates the TAB NZ brand through a strategic partnership in New Zealand and owns proprietary technology for its core products, providing services on a B2B basis. Entain is involved in a joint venture, BetMGM, in the US and is recognized for its leadership in ESG.
YTD Price Performance: -15.79%
Average Trading Volume: 1,919,900
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.21B
Find detailed analytics on ENT stock on TipRanks’ Stock Analysis page.
