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DIRECTOR DEALINGS SUMMARY: GVC Chair, CEO Buy Shares After Bwin Deal

11th Sep 2015 16:43

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Friday.
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Gaming company GVC Holdings said two top executives have added to their shareholdings in the wake of its deal to acquire Bwin.Party Digital Entertainment.

Chairman Lee Feldman bought 20,400 shares at 405 pence each on Friday, adding to a purchase of 10,482 shares at 402.5p each one day ago, giving him a total holding of 165,957 shares. That is equivalent to about 0.27% of the company's existing shares in issue.

Meanwhile, Chief Executive Officer Kenneth Alexander bought 61,725 shares at 405 pence per share on Thursday. Following the deal, Alexander holds 170,465 shares, equivalent to a 0.28% stake in GVC. Caroline Alexander, his wife, owns 313,333 shares in GVC, the company said.

Last week GVC Holdings secured a recommendation for its takeover bid for Bwin.Party Digital Entertainment, forsaking an agreement previously reached with 888 Holdings, which then withdrew from the tussle. GVC's takeover offer valued Bwin.Party at about GBP1.12 billion.

GVC closed up 1.9% at 407.50p Friday, while Bwin.Party closed flat at 103.70p.
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Helical Bar said a group of directors sold 947,000 shares at 421.00 pence per share Thursday, worth about GBP4.0 million before expenses.

Chief Executive Officer Michael Slade sold 492,000 shares and now holds 12.2 million shares.

Chairman Nigel McNair Scott sold 100,000 shares and now holds 2.5 million shares, while director Gerald Kaye sold 355,000 shares with a remaining holding of 691,753 shares.

Shares in the property investment business closed up 1.9% at 428.25p Friday.
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Hikma Pharmaceuticals said Chief Financial Officer Khalid Nabilsi sold 20,000 shares at a price of 2,394 per share. Following this transaction, Nabilsi holds 202,858 shares, which represents a 0.1% stake in the firm. Shares in the pharmaceutical company closed up 0.8% at 2,387.38 pence Friday.
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Sirius Real Estate said Chief Financial Officer Alistair Marks sold 1.1 million shares at a price of EUR0.515 per share Wednesday and now holds 2.2 million shares representing 0.29% of the companies total voting rights. The company said the sale was intended to facilitate the relocation of Marks and his family to Berlin where it is headquartered. The company also said Chief Executive Officer Andrew Coombs bought 420,370 shares at the same price. He now holds 3.9 million shares, or 0.5% of the total. Shares in the operator of business parks in Germany closed down 0.7% at EUR0.510 Friday.
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Aberdeen New Dawn Investment Trust said that Chairman David Shearer bought 12,000 shares in the company at 148.48p on Friday, giving him a holding in 25,000 shares, equivalent to a 0.02% stake. Shearer joined Independent Non-Executive Director Nicholas George in buying shares in the trust.

George bought 10,000 shares at 149 pence per share Thursday. Following the transaction, George holds 27,500 shares, which represents 0.02% stake in the trust. The stock closed up 0.1% at 148.93p Friday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

ABD.LHikma PharmaceuticalsGVC.LHelical BarSirius Real EstateBPTY.L
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