9th Feb 2016 11:49
LONDON (Alliance News) - GVC Holdings PLC Tuesday said Non-Executive Director Norbert Teufelberger sold around GBP2.3 million worth of shares in the online gaming company.
Teufelberger sold 460,000 shares at a price of 490 pence per share on Monday.
Following the sale, Teufelberger holds 2.8 million shares representing 0.94% stake in GVC.
Last week GVC said it finalized the acquisition of bwin.party digital entertainment PLC. The enlarged group will now trade on the London Main Market.
The stock was down 5.2% at 455.00p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
GVC.L