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Entertainment One chief attempts to get company out of the mud

Wed, 09th Dec 2015 15:59

(ShareCast News) - In a bid to turn a sow's ear into a silk purse, Entertainment One's chief executive is doing his bit to help the share price rebound.The Peppa Pig owner's stock has been under pressure since the company announced a refinancing deal that will increase its interest payments.Last Friday, the group said it had priced its £285m offering of 6.875% senior secured notes, saying it would use the proceeds to refinance existing credit facilities in full.Chief executive Darren Throop threw his own money behind the company by purchasing 130,675 shares for £183,428.It was the latest measure taken to help the company recover, after it was forced to explain its refinancing deal in a statement on Wednesday.It said that the combination of its new non-amortising, fixed rate debt financing and revolving credit facility provides the company with a long-term capital structure appropriate for its strategic ambitions.Top Director BuysEntertainment One Limited (ETO) Director name: Mr Darren Dennis ThroopAmount purchased: 130,675 @ 140.37p Value: £183,428Sacoil Holdings (DI) (SAC) Director name: Mr Damain MatroosAmount purchased: 142,413 @ 1.32p Value: £1,880C4X Discovery Holdings (C4XD) Director name: Dr Clive DixAmount purchased: 50,000 @ 77.00p Value: £38,500Electra Private Equity (ELTA) Director name: Mr Edward BramsonAmount purchased: 1,000 @ 3,606.00p Value: £36,060Princess Private Equity Holding Ltd. (PEY) Director name: Mr Richard John BatteyAmount purchased: 3,000 @ € 7.80 Value: € 23,400Playtech (PTEC) Director name: Mr Paul William HewittAmount purchased: 2,223 @ 791.64p Value: £17,598Top Director SellsChina Nonferrous Gold Limited (DI) (CNG) Director name: Mr Abuali IsmatovAmount sold: 1,525,000 @ 21.23p Value: £323,758
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30 Dec 2019 16:48

Hasbro Completes GBP3.3 Billion Acquisition Of Entertainment One

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30 Dec 2019 07:42

Entertainment One Shares Suspended As Hasbro GBP3.3 Billion Deal Nears

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27 Nov 2019 15:46

Capital Group Slashes Entertainment One Stake To 2.7% From 9.9% Prior

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21 Nov 2019 10:40

Hasbro's Entertainment One takeover could face phase 2 CMA probe

(Sharecast News) - The Competition and Markets Authority said on Thursday that it was considering whether Hasbro's £3.3bn takeover of Peppa Pig owner Entertainment One would result in "a substantial lessening of competition".

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21 Nov 2019 09:01

UPDATE 2-British watchdog reviews Hasbro's Entertainment One takeover

* CMA invites comments on proposed acquisition* Hasbro expects to close deal in first quarter of 2020 (Adds detail, company comments)Nov 21 (Reuters) - Britain's competition watchdog has launched a review of Hasbro Inc's proposed $4 billion deal t...

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21 Oct 2019 16:59

Entertainment One Takeover By Hasbro Gains Approval From Canada Court

Entertainment One Takeover By Hasbro Gains Approval From Canada Court

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17 Oct 2019 18:52

Over 30% Of Entertainment One Shareholder Votes Oppose Two Resolutions

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11 Oct 2019 08:07

Entertainment One Quarterly Loss Widens As Hasbro Takeover Nears

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11 Oct 2019 07:40

Entertainment One posts wider first-quarter loss

Oct 11 (Reuters) - Canada-based independent entertainment company Entertainment One Ltd on Friday posted a near seven-fold wider first-quarter loss, hit by lower sales in its film, television & music segments.The company, which has agreed to be bo...

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11 Oct 2019 07:39

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11 Oct 2019 07:25

Losses widen at Entertainment One ahead of Hasbro deal

(Sharecast News) - First quarter pre-tax losses widened at Peppa Pig owner Entertainment One, driven by higher debts and lower revenues from film and television.

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25 Sep 2019 09:31

BROKER RATINGS SUMMARY: Berenberg Cuts BBA Aviation To Hold From Buy

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LONDON BRIEFING: Sainsbury's To Stop Injecting Cash Into Finance Unit

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24 Sep 2019 08:34

Entertainment One interim revenues seen consistent with 2018

(Sharecast News) - Media firm Entertainment One said on Tuesday that interim revenues were expected to be consistent with the previous year amid a "competitive" preschool merchandising market, while film, TV and music revenues were set to drop a little.

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24 Sep 2019 08:22

Entertainment One Cautious On Film & TV Revenue But Music Does Well

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