17th Aug 2020 11:17
17 August 2020
GVC Holdings PLC
("GVC" or "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility
GVC has been notified that on 14 August 2020, Directors had acquired Ordinary shares of €0.01 each in the capital of the Company ("Shares"), as set out below.
Name / Role | Shares held prior to dealing | Nature of Transaction | Number of Shares acquired | Price (p) | Total Shares held after dealing |
Shay Segev CEO
| 111,000 | Option exercise | 1,491,800 | 317.03 | 1,602,800 |
J M Barry Gibson Chairman of the Board
| 47,787 | Market purchase | 18,700 | 794.70 | 66,487 |
Pierre Bouchut Audit Committee Chairman
| 27,000 | Market purchase | 11,500 | 802.60 | 38,500 |
Jette Nygaard-Andersen Independent Director
| 5,400 | Market purchase | 4,500 | 785.35 | 9,900 |
Shay Segev exercised his share option granted under the GVC 2016 Management Incentive Plan. Following this exercise, he has no further options outstanding under this plan. In order to partially fund the exercise of his option, Shay Segev has drawn down a loan of £2 million from a third party bank, and he has granted a pledge in favour of that bank over his share portfolio, including his GVC shareholding, as security for this loan.
Following the above transactions the nine GVC Directors hold in aggregate 1,838,175 Shares, equivalent to 0.31% of the Company's issued share capital.
Enquiries:
Company Secretariat | |
GVC Holdings PLC | |
Emily Carey, Company Secretary | |
Investor Relations | |
GVC Holdings PLC | |
David Lloyd-Seed, Director of Investor Relations & External Communications |
Tel: +44 (0) 203 938 0000 |
Jennifer Spencer, Investor Relations Manager | |
Media | |
PowerscourtRory Godson / Rob Greening |
Tel: +44 (0) 7909 926 020 Tel: +44 (0) 7809 698 259 |
LEI: 213800GNI3K45LQR8L28
About GVC Holdings PLC:
GVC Holdings PLC (LSE:GVC) is a FTSE100 company and is one of the world's largest sports-betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, partypoker and PartyCasino. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has also entered into a joint-venture with MGM Resorts to capitalise on the sports-betting and gaming opportunity in the US. The Group is tax resident in the UK with licenses in more than 20 countries, across five continents.
For more information see the Group's website: www.gvc-plc.com
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Shay Segev | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | CEO | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | GVC Holdings PLC | ||||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GVC Holdings PLC of €0.01 each IM00B5VQMV65 | ||||||
b) | Nature of the transaction | Exercise of share option awarded under the GVC 2016 Management Incentive Plan | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information
|
1,491,800 317.03p | ||||||
e) | Date of the transaction | 2020 August 14 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 111,000 shares | ||||||
6 | Beneficial shareholding after the transaction (including shares held by your associated persons):
| 1,602,800 shares | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Shay Segev | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | CEO | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | GVC Holdings PLC | ||||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GVC Holdings PLC of €0.01 each IM00B5VQMV65 | ||||||
b) | Nature of the transaction | Pledge over shares as security for a £2,000,000 loan from a third party bank | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information
|
1,602,800 N/A | ||||||
e) | Date of the transaction | 2020 August 14 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 1,602,800 shares | ||||||
6 | Beneficial shareholding after the transaction (including shares held by your associated persons):
| 1,602,800 shares | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | J M Barry Gibson | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chairman of the Board | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | GVC Holdings PLC | ||||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GVC Holdings PLC of €0.01 each IM00B5VQMV65 | ||||||
b) | Nature of the transaction | Share purchase | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information
|
18,700 794.7p | ||||||
e) | Date of the transaction | 2020 August 14 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 47,787 shares | ||||||
6 | Beneficial shareholding after the transaction (including shares held by your associated persons):
| 66,487 shares | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Pierre Bouchut | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chairman of the Audit Committee | ||||||
b) | Initial notification/Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | GVC Holdings PLC | ||||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GVC Holdings PLC of €0.01 each IM00B5VQMV65 | ||||||
b) | Nature of the transaction | Share purchase | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information
|
11,500 802.6p | ||||||
e) | Date of the transaction | 2020 August 14 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 27,000 shares | ||||||
6 | Beneficial shareholding after the transaction (including shares held by your associated persons):
| 38,500 shares | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Jette Nygaard-Andersen | ||||
2 | Reason for the notification | |||||
a) | Position/status | Independent Non-executive Director | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | GVC Holdings PLC | ||||
b) | LEI | 213800GNI3K45LQR8L28 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of GVC Holdings PLC of €0.01 each IM00B5VQMV65 | ||||
b) | Nature of the transaction | Share purchase | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
|
4,500 785.35p | ||||
e) | Date of the transaction | 2020 August 14 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 5,400 shares | ||||
6 | Beneficial shareholding after the transaction (including shares held by your associated persons):
| 9,900 shares | ||||
Related Shares:
GVC.L