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United Kingdom

Whitbread PLC (WTB.L)

WTB.L on London Stock Exchange

4,424.00GBp
16 Sep 2019
Change (% chg)

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4,424.00
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727,519
52-wk High
5,162.00
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4,055.00

Latest Key Developments (Source: Significant Developments)

Blackrock Discloses 5.38% Stake In Whitbread vs Prior Stake Of 4.31%
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Whitbread Plc ::BLACKROCK INC DISCLOSES 5.38% STAKE IN WHITBREAD PLC AS OF JULY 29 VERSUS PRIOR STAKE OF 4.31%- FILING.  Full Article

Whitbread's 2.5 Bln Stg Return Of Capital Programme Complete
Monday, 22 Jul 2019 

July 22 (Reuters) - Whitbread PLC ::WHITBREAD PLC - RESULT OF TENDER OFFER.WHITBREAD PLC - WHITBREAD'S £2.5 BILLION RETURN OF CAPITAL PROGRAMME COMPLETE.WHITBREAD PLC - £2 BILLION TO BE RETURNED TO SHAREHOLDERS VIA PURCHASE OF 40.2 MILLION ORDINARY SHARES AT A STRIKE PRICE OF 4,972 PENCE PER SHARE.WHITBREAD PLC - SUCCESSFUL COMPLETION OF WHITBREAD'S CAPITAL RETURN PROGRAMME WITH A TOTAL OF £2.5 BILLION RETURNED.WHITBREAD PLC - COMPANY IS NOT PLANNING ANY FURTHER RETURNS OF CAPITAL..  Full Article

Elliott Capital Advisors Discloses Less Than 5% Stake In Whitbread As Of July 16
Friday, 19 Jul 2019 

July 19 (Reuters) - Elliott Capital Advisors LP [RIC:RIC:ECAL.UL]::ELLIOTT CAPITAL ADVISORS L.P. DISCLOSES LESS THAN 5 PERCENT STAKE IN WHITBREAD AS OF JULY 16 - FILING.  Full Article

Société Générale Discloses 4.60% Stake In Whitbread As Of July 15 Vs Prior Stake Of 5.83% - Filing
Thursday, 18 Jul 2019 

July 18 (Reuters) - Whitbread PLC ::SOCIÉTÉ GÉNÉRALE DISCLOSES 4.60% STAKE IN WHITBREAD AS OF JULY 15 VERSUS PRIOR STAKE OF 5.83% - FILING.  Full Article

Société Générale Discloses 4.31% Stake In Whitbread As Of July 10 - Filing
Monday, 15 Jul 2019 

July 15 (Reuters) - Whitbread PLC ::SOCIÉTÉ GÉNÉRALE DISCLOSES 4.31% STAKE IN WHITBREAD AS OF JULY 10 VERSUS PRIOR STAKE OF 5.52% - FILING.  Full Article

Société Générale Raises Stake To 5.52% From 4.36% In Whitbread
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Whitbread PLC ::SOCIÉTÉ GÉNÉRALE SA RAISES STAKE TO 5.52% FROM 4.36% IN WHITBREAD PLC - FILING.  Full Article

Whitbread Says To Repurchase Additional 2 Bln Stg Of Shares
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Whitbread PLC ::SECURED UK HOTEL PIPELINE – ON TRACK FOR 85,000 ROOMS.TENDER OFFER TO BE CONDUCTED AFTER FY19 RESULTS ARE RELEASED WITH AIM TO REPURCHASE UP TO £2 BILLION OF SHARES.£150 MILLION 5-YEAR EFFICIENCY TARGET DELIVERED IN LESS THAN 3 YEARS.UK MARKET REMAINS "VERY FRAGMENTED".FURTHER COMMITTED PIPELINE OF 14,000 ROOMS IN UK MARKET.SAYS NEAR-TERM ROCE TO DILUTE DUE TO PACE OF INTERNATIONAL INVESTMENT & WEAK UK ENVIRONMENT - PRESENTATION."INFLATION OUTLOOK REMAINS CHALLENGING IN NEAR TERM".EXPECTING GERMANY OPERATIONS TO BE PROFITABLE IN FY22.SEES TOTAL REVENUE GROWTH FASTER THAN MARKET THROUGH CAPACITY ADDITION OVER LONG TERM.SURPLUS CAPITAL ENABLES AT LEAST £2.5 BILLION RETURN TO SHAREHOLDERS."THE BUDGET HOTEL MARKETS IN UK & GERMANY ARE HIGHLY ATTRACTIVE LONG-TERM STRUCTURAL GROWTH OPPORTUNITIES".CO HAS COMMITTED PIPELINE OF OVER 6,000 ROOMS IN GERMANY.  Full Article

Whitbread Sees To Enter Into Non-Discretionary & Irrevocable Instruction With Deutsche Bank
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Whitbread PLC ::EXPECTING TO ENTER INTO NON-DISCRETIONARY & IRREVOCABLE INSTRUCTION WITH DEUTSCHE BANK IN RELATION TO PURCHASE BY DEUTSCHE BANK.AGGREGATE PURCHASE PRICE OF SHARES BY MORGAN STANLEY AND DEUTSCHE BANK SHALL BE NO GREATER THAN £500 MILLION.NON-DISCRETIONARY & IRREVOCABLE INSTRUCTION WITH MORGAN STANLEY IN RELATION TO PURCHASE OF SHARES IN WHITBREAD FOR £225 MILLION.  Full Article

Whitbread Q3 Sales Rise 2.5 Pct
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Whitbread PLC ::WHITBREAD PLC - THIRD QUARTER TRADING UPDATE.WHITBREAD PLC - TOTAL Q3 SALES GROWTH OF 2.5% AND STRONG PROGRESS WITH EFFICIENCY PROGRAMME.WHITBREAD PLC - SALE OF COSTA TO COCA-COLA COMPANY FOR £3.9BN COMPLETED ON 3 JAN 2019, AHEAD OF SCHEDULE.WHITBREAD PLC - INITIAL £500 MILLION SHARE BUYBACK PROGRAMME COMMENCING TODAY.WHITBREAD PLC - OVER 2,000 NEW ROOMS ADDED IN FY19 SO FAR AND OCCUPANCY REMAINED HIGH AT OVER 80%.WHITBREAD PLC - EXPECT TO DELIVER FY19 RESULTS IN-LINE WITH EXPECTATIONS.WHITBREAD PLC - REMAIN CAUTIOUS ON UK ENVIRONMENT NEXT YEAR GIVEN UNCERTAINTY AND HIGHER INFLATION.WHITBREAD PLC - FY20 UNDERLYING PROFIT BEFORE TAX EXPECTED TO BE CONSISTENT WITH THIS YEAR, AS WE CONTINUE TO INVEST IN UK & INTERNATIONAL GROWTH.WHITBREAD PLC - PREMIER INN HAS MADE GOOD PROGRESS THIS YEAR, GROWING TOTAL SALES BY 2.5%.WHITBREAD PLC - UK BUSINESS ACHIEVED TOTAL ACCOMMODATION SALES GROWTH OF 3.5% IN Q3.WHITBREAD PLC - PERFORMANCE IN QUARTER REFLECTS A STRONG CENTRAL LONDON MARKET AND A WEAK REGIONAL MARKET.WHITBREAD PLC -FEBRUARY 2020 FY GERMAN LOSSES EXPECTED TO BE APPROXIMATELY £12 MILLION AS WE INVEST TO SUPPORT C.2,500 ROOMS THAT WILL OPEN DURING FY20.WHITBREAD PLC -FEBRUARY 2020 FY EXPECTED TO DELIVER SAVINGS OF £40-50 MILLION, BUT £20-30 MILLION LOWER THAN HIGHER COST INCREASES OF APPROXIMATELY £70 MILLION.  Full Article

Whitbread Says Sale Of Costa To Coca-Cola Gets Regulatory Approval In China
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Whitbread Plc ::SALE OF COSTA TO COCA-COLA RECEIVES APPROVAL FROM CHINA REGULATOR.CLEARANCE IS STILL REQUIRED FROM EUROPEAN UNION UNDER EC MERGER REGULATION BEFORE COSTA TRANSACTION CAN COMPLETE.CLEARANCE RECEIVED FROM CHINA'S ADMINISTRATION FOR MARKET REGULATION FOR COCA-COLA COMPANY TO ACQUIRE COSTA, INCLUDING CHINA OPERATIONS.  Full Article

UPDATE 2-Tariff delay, Morrisons help FTSE 100 stay afloat

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