William Hill improves liquidity with new shares placement

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London-listed gaming operator William Hill has positioned new shares with institutional and retail traders to lift greater than £200m.

William Hill is issuing a complete of 174,872,457 new bizarre shares at a value of 128 pence per share for gross proceeds of £224m, which shall be used to ship on the corporate’s development ambitions and to enhance liquidity.

The vast majority of the brand new shares (169.1m) have been positioned with institutional traders, with Barclays Financial institution and Citigroup International […]

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