Directors' Dealings

RNS Number : 2421S

GVC Holdings PLC

08 March 2019

 

8 March 2019

GVC Holdings PLC

("GVC" or "Company")

Directors' Dealings

Kenneth Alexander and Lee Feldman have sold the following number of GVC ordinary shares of €0.01 each ("Shares"):

Name/ Role	Shareholding Prior to Sale	Number of Shares Sold	Price Sold	Number of Shares Retained	Existing Share Plan  Awards	Total Shares
K. Alexander CEO	2,728,141	2,061,475	£6.66	666,666	568,901	1,235,167
L. Feldman Chairman	1,187,408	900,000	£6.66	287,408	-	287,408

Note: Kenneth Alexander's shareholding before and after the transaction includes 313,333 shares owned by his wife.

Following these Share sales, Kenneth Alexander and Lee Feldman retain Shares equivalent in value to 480% and 562% of their annual basic salary / fee respectively.

Kenneth Alexander commented:

"We have both held large personal shareholdings in GVC for a long time and continue to do so. Both of us remain fully committed to GVC and, whilst I continue to have the support of our shareholders, I'm here for the long term and at the very least I have a current plan that will take 3 plus years to accomplish. We reported excellent results earlier this week and we both remain convinced of the exciting prospects for the business. Therefore while we continue at GVC we will not reduce our holdings below the current levels."

Details of the transactions are set out below and this information is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

For further information:

GVC Holdings PLC
Kenneth Alexander, Chief Executive
Rob Wood, Chief Financial Officer
Paul Tymms, Director of Investor Relations and Corporate Communications	([e-mail])
Media enquiries:
Buchanan Communications
David Rydell/ Henry Harrison-Topham/ Chris Lane	Tel: [phone]

1	Details of the PDMR/person closely associated
	Full legal name of person / company (or other entity) who/which has undertaken the transaction: Kenneth Alexander
	Nature of holding (please delete those not applicable): Beneficial
	Name of broker used (if any): Investec
2	Reason for the notification
2a)	Job title/role of PDMR:	CEO
2b)	Status of this notification:	Initial notification
3	Details of the issuer
a)	Name:	GVC HOLDINGS PLC
b)	LEI:	213800GNI3K45LQR8L28
4	Details of the transaction(s)
4a)	Type of instrument:	Ordinary shares of €0.01 each
4b)	Nature of the transaction:	Share Sale
4c)	Price per share (in pence) and volume (number) of shares:	Price per share in pence	Volume
		665.9743	2,061,475
4d)	Totals from 4(c):	-Price per share in pence	Total volume
		665.9743	2,061,475
4e)	Date of execution of transaction: (YYYY - MM - DD)        2019-03-06
4f)	Place of transaction:	London Stock Exchange
5	Beneficial shareholding before the transaction (including shares held by  associated  persons):	2,728,141
6	Beneficial shareholding after the transaction (including shares held by your associated persons):	666,666
1	Details of the PDMR/person closely associated
	Full legal name of person / company (or other entity) who/which has undertaken the transaction: Lee Feldman
	Nature of holding (please delete those not applicable): Beneficial
	Name of broker used (if any): [Investec]
2	Reason for the notification
2a)	Job title/role of PDMR:	Chairman
2b)	Status of this notification:	Initial notification
3	Details of the issuer
a)	Name:	GVC HOLDINGS PLC
b)	LEI:	213800GNI3K45LQR8L28
4	Details of the transaction(s)
4a)	Type of instrument:	Ordinary shares of €0.01 each
4b)	Nature of the transaction:	Share Sale
4c)	Price per share (in pence) and volume (number) of shares:	Price per share in pence	Volume
		665.9743	900,000
4d)	Totals from 4(c):	-Price per share in pence	Total volume
		665.9743	900,000
4e)	Date of execution of transaction: (YYYY - MM - DD)        2019-03-06
4f)	Place of transaction:	London Stock Exchange
5	Beneficial shareholding before the transaction (including shares held by  associated  persons):	1,187,408
6	Beneficial shareholding after the transaction (including shares held by your associated persons):	287,408

 

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