Major Shareholder TR-1 Notifications
27-Jul-2023 The Capital Group Companies
15-Dec-2022 BlackRock Inc.
21-Jul-2022 Dodge & Cox
13-Apr-2022 Sands Capital Management
Shares owned by directors and related parties at 16 June 2023
Total shares in issue as at 31 August 2023
Country of incorporation
Isle of Man
Registered company number
32 Athol Street,
Isle of Man,
Admission and subsequent re-admission dates
Gaming VC Holdings S.A.
The Company's shares are quoted on the Official List (Premium Segment) of the Main Market of the London Stock Exchange and is a constituent member of the FTSE 100. The Company is therefore subject to the UK City Code on Takeovers and Mergers.
Travel and Leisure
Entain plc is one of the world's largest sports betting and gaming groups. It operates a number of brands across more than 20 countries. The Group has over 24,000 employees and contractors and is tax resident in the UK.
Shares in issue
The Company has in issue 638,778,388 ordinary shares of €0.01
The Company has a number of licences either directly or indirectly granted by various jurisdictions. These include: Alderney, Australia, Belgium, Bulgaria, Colombia, Denmark, France, Germany, Gibraltar, Great Britain, Greece (interim), Ireland, Italy, Jersey, Malta, Northern Ireland, Philippines, Romania, Republic of Georgia, Spain, Sweden, and the US (New Mexico, New Jersey, Nevada, Mississippi, Pennsylvania, West Virginia, Tennessee, Colorado, Indiana, Oregon, and Michigan). In addition the Group has a partner arrangement which allows it to trade in or from South Africa.
In accordance with paragraph 9.2.6ER(1) of the Listing Rules (disclosure of rights attached to equity shares) the Company has uploaded to the National Storage Mechanism ("NSM") a copy of the Articles of Association which set out the principal rights and restrictions attached to its ordinary shares.
The NSM can be accessed at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
Amongst others, the Entain Group (formerly GVC):
- holds a licence from the Nevada Gaming Commission as the sole shareholder of an interactive gaming service provider licensee, a manufacturer licensee, and as a 50% owner of a licensed joint venture, and as such is subject to the Nevada Gaming Control Act and to the licensing and regulatory control of the Nevada State Gaming Control Board and the Nevada Gaming Commission; and
- holds a Casino Service Industry Enterprise licence in New Jersey, and as such is subject to the New Jersey Casino Control Act and to the licensing and regulatory control of the New Jersey Division of Gaming Enforcement.
Entain plc and holders of its issued Ordinary Shares may also in the future be subject to similar restrictions in other jurisdictions where the Group secures a gaming licence.
The criteria used by relevant regulatory authorities to make determinations as to suitability of an applicant for licensure varies from jurisdiction to jurisdiction, but generally require the submission of detailed personal and financial information followed by a thorough investigation. Gaming authorities have very broad discretion in determining whether an applicant (corporate or individual) qualifies for licensing or should be found suitable.
Many jurisdictions require any person who acquires beneficial ownership of more than a certain percentage (typically 5%) of the Company's securities, to report the acquisition to the gaming authorities and apply for a finding of suitability. Many gaming authorities allow an "institutional investor" to apply for a waiver that allows such institutional investor to acquire up to a certain percentage of securities without applying for a finding of suitability, subject to the fulfilment of certain conditions. In some jurisdictions, suitability investigations may require extensive personal and financial disclosure.
The failure of any such individuals or entities to submit to such background checks and provide the required disclosure could jeopardise the Group's eligibility for a required licence or approval. Any person who is found unsuitable by a relevant gaming authority may be prohibited by applicable gaming laws or regulations from holding, directly or indirectly, the beneficial ownership of any of the Company's securities.
The Articles of Association include provisions to ensure that Entain has the required powers to continue to comply with applicable gaming regulations.
As a company traded on the London Stock Exchange and incorporated in the Isle of Man, Entain plc is subject to the UK City Code on Takeovers and Mergers.
Remuneration statement in relation to Robert Hoskin
On 15 May 2023, the Company announced that Robert Hoskin was leaving the Board on 30 June 2023 and the Company on 31 August 2023. The statement in the link below sets out information on remuneration payments to be made to Mr Hoskin after he leaves the Board.