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India

Whitbread PLC (WTB.L)

WTB.L on London Stock Exchange

2,379.00GBp
7 Aug 2020
Change (% chg)

26.00 (+1.10%)
Prev Close
2,353.00
Open
2,334.00
Day's High
2,389.00
Day's Low
2,334.00
Volume
335,256
Avg. Vol
1,016,210
52-wk High
4,462.28
52-wk Low
1,551.14

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Wed, Jul 22 2020

Exclusive: Whitbread may cut 250 head office roles in proposed restructuring

Whitbread may cut around 250 head office roles as part of a proposed restructuring, the Premier Inn-owner said on Wednesday as it navigates through the coronavirus crisis, which had earlier shut all of its hotels.

Exclusive: Whitbread may cut 250 head office roles in proposed restructuring

Whitbread may cut around 250 head office roles as part of a proposed restructuring, the Premier Inn-owner said on Wednesday as it navigates through the coronavirus crisis, which had earlier shut all of its hotels.

EXCLUSIVE-Whitbread may cut 250 head office roles in proposed restructuring

* Proposes changes to ride out the coronavirus crisis (Adds details on proposed changes, background)

EXCLUSIVE-Whitbread may cut 250 head office roles in proposed organisational changes

July 22 Premier Inn-owner Whitbread said on Wednesday it may cut around 250 head office roles as part of proposed changes to its organisational structure, while navigating through the coronavirus crisis which had earlier shut all of its hotels.

UPDATE 2-Premier Inn owner Whitbread cautious on outlook as hotels reopen

July 7 Premier Inn owner Whitbread reported a 80% fall in first-quarter like-for-like UK sales on Tuesday noting improving demand for hotel rooms in tourist spots but subdued demand in London and elsewhere.

Whitbread Q1 sales slump 79%, begins to reopen hotels

July 7 Whitbread first-quarter sales plunged 79% as the COVID-19 lockdown shuttered most of its hotels in Britain and Germany, but the Premier Inn owner said it expects most of them to open by the end of July.

Whitbread investors agree to scoop up all of 1 billion pound cash call

Premier Inn owner Whitbread Plc said on Wednesday it has found buyers for all of its 1.01 billion pounds ($1.29 billion) rights issue, with 91.4% subscribing for new shares at 1,500 pence apiece and the remaining buying in at 2,550 pence a share.

Whitbread investors agree to scoop up all of 1 billion pound cash call

Premier Inn owner Whitbread Plc said on Wednesday it has found buyers for all of its 1.01 billion pounds ($1.29 billion) rights issue, with 91.4% subscribing for new shares at 1,500 pence apiece and the remaining buying in at 2,550 pence a share.

UPDATE 1-Whitbread investors agree to scoop up all of 1 bln pound cash call

June 10 Premier Inn owner Whitbread Plc said on Wednesday it has found buyers for all of its 1.01 billion pounds ($1.29 billion) rights issue, with 91.4% subscribing for new shares at 1,500 pence apiece and the remaining buying in at 2,550 pence a share.

Whitbread investors agree to scoop up 91% of 1 bln pound cash call

June 10 Existing investors of Whitbread Plc have agreed to supply 91.4% of its 1.01 billion pound cash call, the Premier Inn owner said on Wednesday, with bookrunners preparing to place on sale the remaining 5.8 million unsold shares.

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