Entain Launch Shared Ownership Scheme
Entain, the global sports betting and gaming entertainment group, has launched a Group-wide employee share ownership plan to give UK and international colleagues the opportunity to acquire shares in the compasny.
Around 22,500 employees at all levels of the business can now apply to join Entain’s ShareSave plan. In the UK, where Entain has 2,885 Ladbrokes and Coral shops spread across the UK and Ireland, almost 14,000 retail colleagues can apply for the plan.
Monthly contributions will start at £5-100, with Entain placing the £100 cap in the effort to maximise the appeal and reach of the scheme to all colleagues of it’s global business. Entain said ShareSave will initially be offered to colleagues working in countries representing around 99% of its workforce, also including the Philippines, India and Bulgaria.
“Entain has been one of the highest performing companies in the FTSE-100 over the past year, which is the result of hard work and efforts from teams across our international business,” said Jette Nygaard-Andersen, Chief Executive of Entain. “Building a strong customer-centric culture where everyone contributes and shares in our continuing success is really important, so this plan is designed to be attractive and accessible to all.”