Thursday June 24: Endeavour Group (ASX:EDV), Australia’s leading retail drinks and hotels business, will commence trading on the Australian Securities Exchange (“ASX”) at 12pm AEST on 24 June 2021 on a conditional and deferred settlement basis.
The listing of Endeavour Group shares follows Woolworths Group shareholders overwhelmingly voting in favour of demerging the Endeavour Group on 18 June 2021.
Endeavour Group Chairman Peter Hearl said: “Joining the ASX under our own name and as a standalone business marks the next chapter in Endeavour Group’s evolution. On behalf of the entire Board, it is a privilege to be a part of such a milestone, and we welcome and thank our new shareholders for joining us on this journey.”
Endeavour Group Managing Director and CEO Steve Donohue said: “This is a very significant day for Endeavour Group’s 28,000 team members throughout Australia, who are united around our purpose of ‘creating a more sociable future together’, and for our partners, customers and many other stakeholders.”
“We are excited about the future as we continue to focus on growth and building on the successful platform we have in place through our portfolio of trusted retail brands, including Dan Murphy’s and BWS, as well as Australia’s largest portfolio of hotels including many Australian icons such as Brisbane’s Breakfast Creek Hotel and the Young & Jackson Hotel in Melbourne.”
“Our teams are supported by our Pinnacle Drinks brand and manufacturing business, our industry-leading digital capabilities via EndeavourX, and the value of our ongoing partnership with Woolworths Group.”
Shares are expected to be transferred to eligible shareholders on 1 July, at which time commencement of trading on a normal settlement will occur.
For more information, please contact [email protected]
BWS is asking Australians to snap photos of their barbies in the next 7 days, and will donate $1 for every snag seen in the pic to charity. To take part in the BWS Snag a Donation campaign, customers simply upload a photo of their BBQ on Instagram between the 19th and 26th of January, tag @BWS_au, use hashtag #snagadonation, and for every snag visible in the photo, BWS will donate $1 to not-for-profit donation platform GIVIT.
A bottle of Penfolds Grange Hermitage Bin 1 Shiraz 1951 has gone under the hammer at a Langton’s auction for $157,624*, making it the most expensive bottle of Australian wine ever sold, breaking the previous record of $142,131* (also for a bottle of Penfolds Grange 1951 sold at auction by Langton’s in July 2021).
This weekend, BWS and Dan Murphy’s stores across the country are ramping up their fundraising efforts for not-for-profit donation platform GIVIT by hosting their first ever National GIVIT Day.