Completion of Betaland disposal

RNS Number : 1214D

GVC Holdings PLC

11 May 2012

 



Press Release

11 May 2012

GVC Holdings PLC

("GVC" or the "Group")

Completion of Betaland disposal

Further to the announcement made on 10 April 2012, GVC Holdings PLC (AIM:GVC), a leading provider of B2B and B2C services to the online gaming and sports betting markets,announces that the Lotteries & Gaming Authority (the Maltese regulator of the Betaland business) gave the buyer of Betaland its consent for the Betaland licences to be transferred to it with effect from 4 May 2012.  This means that the disposal of Betaland has now completed.

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For further information:

GVC Holdings PLC
Kenneth Alexander, Chief Executive Officer	Tel: [phone]
Richard Cooper, Group Finance Director	www.gvc-plc.com

Daniel Stewart & Company Plc	Tel: [phone]
David Hart / Paul Shackleton / Jamie Barklem	www.danielstewart.co.uk

Media enquiries:

Abchurch
Henry Harrison-Topham / Mark Dixon	Tel: [phone]
[e-mail]	www.abchurch-group.com

About GVC Holdings PLC

GVC Holdings PLC is a leading provider of B2B and B2C services to the online gaming and sports betting markets.  The Group is headquartered in the Isle of Man and is licensed in Malta, and the Netherlands Antilles.

Further information on the Group is available at www.gvc-plc.com

 

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