TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii	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): – dilution from issue of subscription option shares		x
3. Full name of person(s) subject to the notification obligation:iii	Richard Griffiths and controlled undertakings
4. Full name of shareholder(s) (if different from 3.):iv	Richard Griffiths
5. Date of the transaction (and date on which the threshold is crossed or reached if different):v	26 June 2014
6. Date on which issuer notified:	02 July 2014
7. Threshold(s) that is/are crossed or reached:vi, vii	14%

8. Notified details:
A: Voting rights attached to shares viii, ix
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	Number of shares	Number of voting rights		% of voting rights x
			Direct	Direct xi	Indirect xii	Direct	Indirect
ORD EUR0.01 IM00B5VQMV65	9,096,409	9,096,409	8,456,936	8,456,936		13.80%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	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 xvii	Exercise/ Conversion Period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx
				Nominal	Delta

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

Blake Holdings Limited	3,203,999
Seren Capital Management Limited	4,962,450
Cream Capital Limited	135,804
Oak Trust Limited	154,683
Total	8,456,936

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: