Released 29 June 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART), DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION
29 June 2022
WILLIAM HILL LIMITED
(Formerly known as William Hill Plc)
(a company incorporated under the laws of England and Wales with company number 04212563, whose registered office is at 1 Bedford Avenue, London WC1B 3AU (the “Issuer”))
In the context of the £350,000,000 4.875 per cent. Guaranteed Notes due 2023 and the £350,000,000 4.750 per cent. Guaranteed Notes due 2026 (collectively the "Notes"), the Issuer confirms that Ulrik Bengtsson has announced his departure from William Hill. The announcement comes ahead of the completion of the on-sale of William Hill Limited to 888 Holdings.
Bengtsson said, "With the on-sale to 888 Holdings due to be completed later next week, the time is right for me to say goodbye to William Hill and to hand over to Itai Pazner, CEO of 888 Holdings. I look back over the last four years with pride at what we've achieved, which has brought us to this point where 888 Holdings see the massive benefit of acquiring William Hill and the opportunities it will open up for both businesses. I joined William Hill in April 2018 as Chief Digital Officer and started the journey to diversify William Hill internationally. With the acquisition of Mr Green in early 2019, we created William Hill International and later that year, I was proud to take on the CEO role and lead the business to the great place it is today. 888 Holdings have acquired a brilliant business with two premium brands in William Hill and Mr Green, and I look forward to seeing how the combined business grows over the coming years."
Itai Prazner, Chief Executive of 888 Holdings said, "Ulrik can rightly be very proud of building such a strong team, and as we look forward to combining the businesses. I am excited about the opportunities for the enlarged business, supported by top-quality management talent from both businesses."
The on-sale of William Hill Limited to 888 Holdings is expected to be completed on July 1.
|William Hill||Tel: +44 (0)20 7612 3000|
|Josie Havita/John Hickey|