Exercise of Options and application for Admission

RNS Number : 9573O

GVC Holdings PLC

12 February 2016

 

GVC Holdings plc

(the "Company")

Exercise of Options and application for Admission

As disclosed in the Company's prospectus dated 25 January 2013, the Company agreed to grant Richard Griffiths options over a total of 156,947 ordinary shares of €0.01 par value each in the capital of the Company ("Ordinary Shares"), pursuant to the Company's acquisition of Sportingbet plc, which completed in March 2013. In accordance with the original agreements with Mr Griffiths, the total sum payable for these exercised Ordinary Shares is £198,300.03.

Following the exercise of these options, applications have been made for 156,947 new Ordinary Shares (the "New Shares") to be admitted to listing on the standard segment of the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). It is expected that Admission will become effective and dealings in the New Shares will commence at 8.00am on 18 February 2016. The New Shares will rank pari passu with all existing Ordinary Shares in issue.

In accordance with the Disclosure and Transparency Rules (DTR 5.6), the Company makes the following disclosure with respect to the share capital and voting rights of the Company.  Following Admission, the share capital of the Company shall consist of 291,819,949 Ordinary Shares. The Company does not hold any shares in treasury. Therefore, the total number of shares and voting rights in the Company will be 291,819,949.

The above figure of 291,819,949 may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 -Ends-

 For further information:

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

Media enquiries:

Bell Pottinger
David Rydell, James Newman, Anna Legge, Laura Jacques

 

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