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DIRECTOR DEALINGS: GVC Chairman Buys 20,000 Shares

22nd Sep 2015 14:25

LONDON (Alliance News) - Gaming company GVC Holdings PLC said Chairman Lee Feldman bought 20,000 shares at a price of 405 pence per share Tuesday.

Following this transaction, Feldman holds 185,957 ordinary shares, representing approximately a 0.30% stake.

AIM-listed investing company Sarossa PLC on Tuesday said it has subscribed for a tranche of the shares being issued by GVC Holdings to back is acquisition of online gaming company Bwin.Party Digital Entertainment.

GVC struck a deal earlier this month to acquire Bwin.Party in a deal worth around GBP1.12 billion in cash and shares.

The stock was up 0.9% at 406.00p Tuesday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


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