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

(investors@gvc-plc.com)



Media enquiries:


Buchanan Communications


David Rydell/ Henry Harrison-Topham/ Chris Lane

Tel: +44 (0) 20 7466 5066

 



 

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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