Business
Completion of Sale of Latvia Business
Completion of Sale of Latvia Business.
About this update from Evoke Plc
[{"type":"text","content":"\n\n\n13 June 2023\n \n \n888 Holdings Plc\n(\"888\" or \"the Group\")\n \nCompletion of Sale of Latvia Business\n \n888 (LSE: 888), one of the world's leading betting and gaming companies with internationally renowned brands including William Hill, 888 and Mr Green, is pleased to announce that further to its announcement on 22 May 2023, the Group has completed the sale of its Latvian business to Paf Consulting Abp.\n \nLord Mendelsohn, Executive Chair of 888, commented:\n \n\"The sale of the Latvian business marks another positive step in the execution of our integration programme. This sale generates cash proceeds from a non-core market to support our deleveraging plans, as well as enabling reinvestment into our core and growth markets.\"\n \nEnquiries and further information:\n\n\n\n888 Holdings Plc\n\n\n+44(0) 800 029 3050\n\n\n\n\nLord Mendelsohn, Executive Chair\nYariv Dafna, Chief Financial Officer\nVaughan Lewis, Chief Strategy Officer\n\n\n\n\n\n\n\n \nInvestor Relations\nJames Finney, Director of IR\n \nMedia\n\n\n \[email protected]\n \n \[email protected]\n\n\n\n\nHudson Sandler\nAlex Brennan / Charlotte Cobb / Andy Richards\n\n\n+44(0) 207 796 4133\n\n\n\n \n \nAbout 888 Holdings Plc:\n888 Holdings plc (and together with its subsidiaries, \"888\" or the \"Group\") is one of the world's leading betting and gaming companies. The Group owns and operates internationally renowned brands including William Hill, 888, and Mr Green. In addition, the Group operates the SI Sportsbook and SI Casino brands in the US in partnership with Authentic Brands Group.\n \nIncorporated in Gibraltar, and headquartered and listed in London, the Group operates from offices around the world and employs over 11,000 people globally.\n \nThe Group's mission is to lead the gambling world in creating the best betting and gaming experiences, bringing unrivalled moments of excitement to people's day-to-day lives. It achieves this by developing state-of-the-art technology and content-rich products that provide fun, fair, and safe betting and gaming entertainment to customers worldwide.\n \nFind out more at:\nhttp://corporate.888.com/\n \nAbout Paf:\nPaf is a Nordic gaming company founded on Åland in 1966 to generate funds for the benefit of society. The f...