TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	GVC Holdings Plc
2. Reason for the notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights		X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Richard Griffiths and controlled undertakings
4. Full name of shareholder(s) (if different from 3.):	Richard Griffiths
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	17 October 2013
6. Date on which issuer notified:	17 October 2013
7. Threshold(s) that is/are crossed or reached:	16% to 15%
8. Notified details:

A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction[vi]
	Number of Shares	Number of Voting Rights viii	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
ORD EUR0.01 IM00B5VQMV65	9,235,950	9,235,950	8,778,445	8,778,445		14.43%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments XV, XVI
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
CFD/Spreadbet			548,600	0.90%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Blake Holdings Limited	3,273,999
Seren Capital Management Limited	5,191,950
Cream Capital Limited	130,000
Oak Trust Limited	154,683
ORA Capital Partners Limited	27,273
Richard Griffiths direct holdings	540
Total shares	8,778,445
Add QFI’s
Cream Capital Limited	460,000
Richard Griffiths	88,600
Total Interests	9,327,045

The above undertakings are all controlled by Richard Griffiths

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	Decrease is consequent to a distribution in specie to shareholders of ORA Capital Partners Limited
14. Contact name:	Mike Bretherton
15. Contact telephone number:	07875 303 242