REG - GVC Holdings PLC - Director/PDMR Shareholding

EntainAnnouncement

17/08/2020 11:20

RNS Number : 3380W
  
GVC Holdings PLC
  
17 August 2020
  
 

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


secretary@gvcgroup.com














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


investors@gvc-plc.com




 
Media








Powerscourt
Rory 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)





Price(s)


Volume(s)




317.03p


 1,491,800


















d)


Aggregated information



-


Aggregated volume




-


Price






 
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)





Price(s)


Volume(s)




 N/A


 1,602,800


















d)


Aggregated information



-


Aggregated volume




-


Price






 
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)





Price(s)


Volume(s)




789.7 p
796.6p


 4,081
14,619


















d)


Aggregated information



-


Aggregated volume




-


Price






 
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)





Price(s)


Volume(s)




802.6p


 11,500


















d)


Aggregated information



-


Aggregated volume




-


Price






 
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)





Price(s)


Volume(s)




785.35p


4,500








d)


Aggregated information



-


Aggregated volume




-


Price






 
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



 


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