17 August 2020
GVC Holdings PLC
("GVC" or "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility
GVC has been notified that on 14 August 2020, Directors had acquired Ordinary shares of €0.01 each in the capital of the Company ("Shares"), as set out below.
|
Name / Role |
Shares held prior to dealing |
Nature of Transaction |
Number of Shares acquired |
Price (p) |
Total Shares held after dealing |
|
Shay Segev CEO
|
111,000 |
Option exercise |
1,491,800 |
317.03 |
1,602,800 |
|
J M Barry Gibson Chairman of the Board
|
47,787 |
Market purchase |
18,700 |
794.70 |
66,487 |
|
Pierre Bouchut Audit Committee Chairman
|
27,000 |
Market purchase |
11,500 |
802.60 |
38,500 |
|
Jette Nygaard-Andersen Independent Director
|
5,400 |
Market purchase |
4,500 |
785.35 |
9,900 |
Shay Segev exercised his share option granted under the GVC 2016 Management Incentive Plan. Following this exercise, he has no further options outstanding under this plan. In order to partially fund the exercise of his option, Shay Segev has drawn down a loan of £2 million from a third party bank, and he has granted a pledge in favour of that bank over his share portfolio, including his GVC shareholding, as security for this loan.
Following the above transactions the nine GVC Directors hold in aggregate 1,838,175 Shares, equivalent to 0.31% of the Company's issued share capital.
Enquiries:
|
Company Secretariat |
|
|
GVC Holdings PLC |
|
|
Emily Carey, Company Secretary |
secretary@gvcgroup.com |
|
Investor Relations |
|
|
GVC Holdings PLC |
|
|
David Lloyd-Seed, Director of Investor Relations & External Communications |
Tel: +44 (0) 203 938 0000 |
|
Jennifer Spencer, Investor Relations Manager |
investors@gvc-plc.com |
|
Media |
|
|
Powerscourt |
Tel: +44 (0) 7909 926 020 Tel: +44 (0) 7809 698 259 |
LEI: 213800GNI3K45LQR8L28
About GVC Holdings PLC:
GVC Holdings PLC (LSE:GVC) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.
For more information see the Group's website: www.gvc-plc.com