17th Aug 2020 14:25
GVC Holdings PLC - Isle of Man-based sports-betting and gaming - Chair Barry Gibson buys 18,700 shares at average 794.7 pence, worth GBP148,609, on Friday last week. Now has 66,487 shares. Other board members Pierre Bouchut and Jette Nygaard-Andersen buy 11,500 shares at 802.6p and 4,500 shares at 785.35p, together worth GBP127,640, also on Friday. Bouchut now has 38,500 shares and Jette Nygaard-Andersen 9,900. Meanwhile, Chief Executive Officer Shay Segev on Friday exercises options over 1.5 million shares at 317.03p, worth GBP4.7 million at the option price and GBP11.3 million at the current market price. Segev now has 1.6 million GVC shares. In order to partially fund the options exercise, Segev pledges his share portfolio, including his GVC shares, as security for GBP2.0 million loan from a bank.
Current stock price: 759.40p
Year-to-date change: down 14%
By Tom Waite; [email protected]
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