Business
Directors' Dealings
Directors' Dealings.
About this update from Entain Plc
[{"type":"text","content":"\n \nRNS Number : 2421S GVC Holdings PLC 08 March 2019 \n\n \n8 March 2019\n \nGVC Holdings PLC\n(\"GVC\" or \"Company\")\n \nDirectors' Dealings\n \nKenneth Alexander and Lee Feldman have sold the following number of GVC ordinary shares of €0.01 each (\"Shares\"):\n \n\n\n\nName/\nRole\n\n\nShareholding Prior to Sale\n\n\nNumber of Shares Sold\n\n\nPrice Sold\n\n\nNumber of Shares Retained\n\n\nExisting Share Plan Awards \n\n\nTotal Shares\n\n\n\n\nK. Alexander\nCEO\n\n\n2,728,141\n\n\n2,061,475\n\n\n£6.66\n\n\n666,666\n\n\n568,901\n\n\n1,235,167\n\n\n\n\nL. Feldman\nChairman\n\n\n1,187,408\n\n\n900,000\n\n\n£6.66\n\n\n287,408\n\n\n-\n\n\n287,408\n\n\n\nNote: Kenneth Alexander's shareholding before and after the transaction includes 313,333 shares owned by his wife.\n \nFollowing these Share sales, Kenneth Alexander and Lee Feldman retain Shares equivalent in value to 480% and 562% of their annual basic salary / fee respectively.\n \nKenneth Alexander commented:\n \n\"We have both held large personal shareholdings in GVC for a long time and continue to do so. Both of us remain fully committed to GVC and, whilst I continue to have the support of our shareholders, I'm here for the long term and at the very least I have a current plan that will take 3 plus years to accomplish. We reported excellent results earlier this week and we both remain convinced of the exciting prospects for the business. Therefore while we continue at GVC we will not reduce our holdings below the current levels.\"\n \nDetails of the transactions are set out below and this information is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.\n \n \n \nFor further information:\n\n\n\nGVC Holdings PLC\n\n\n\n\n\n\n\nKenneth Alexander, Chief Executive\n\n\n\n\n\n\n\nRob Wood, Chief Financial Officer\n\n\n\n\n\n\n\nPaul Tymms, Director of Investor Relations and Corporate Communications\n\n\n([email protected])\n\n\n\n\n\n\n\n\n\n\n\n\nMedia enquiries:\n\n\n\n\n\n\n\nBuchanan Communications\n\n\n\n\n\n\n\nDavid Rydell/ Henry Harrison-Topham/ Chris Lane\n\n\nTel: +44 (0) 20 7466 5066\n\n\n\n \n\n\n \n\n\n\n1\n\n\nDetails of the PDMR/person closely associated\n\n\n\n\n\n\n\nFull legal name of person / company (or other entity)...