1 Oct 2018 08:27
1 October 2018
GVC Holdings PLC
("GVC" or "Company")
Directors' Dealings
Kenneth Alexander and Lee Feldman (the "Directors") have exercised their options granted under the GVC 2015 Long Term Incentive Plan ("LTIP"), which vested on 2 May 2018 and 2 August 2018. All options granted to the Directors under the LTIP have now vested and been exercised. As a result of these final exercises, the Directors acquired the following number of GVC ordinary shares of €0.01 each ("Shares") after each only selling sufficient Shares to cover the exercise price and applicable taxes:
Name | Number of Shares over which option exercised | Exercise price | Number of Shares sold to cover exercise price and taxes | Price Shares sold in the market | Number of Shares retained |
K. Alexander | 1,955,126
| £4.22 | 1,397,172 | £9.54 | 557,954 |
L. Feldman | 977,562 | £4.67 | 732,382 | £9.54
| 245,180 |
Details of the transactions are set out below. Following these transactions the Directors' personal shareholdings in the Company have increased as follows:
Name | Number of Shares before Transactions | Number of Shares after Transactions | Percentage of Issued Share Capital |
Kenneth Alexander | 2,170,187 | 2,728,141
| 0.47 |
Lee Feldman | 942,228 | 1,187,408
| 0.20 |
Note: Kenneth Alexander's shareholding before and after the transactions includes 313,333 shares owned by his wife.
For further information:
GVC Holdings PLC |
|
Kenneth Alexander, Chief Executive | Tel: +44 (0) 1624 652 559 |
Nick Batram, Head of Investor Relations | Tel: +44 (0) 20 7337 0110 |
Robert Hoskin, Company Secretary | Tel: +350 200 78700 |
1 | Details of the PDMR/person closely associated | ||
| Full legal name of person / company (or other entity) who/which has undertaken the transaction: Kenneth Alexander | ||
| Nature of holding (please delete those not applicable): Beneficial | ||
| Name of broker used (if any): N/A | ||
2 | Reason for the notification | ||
2a) | Job title/role of PDMR: | CEO | |
2b) | Status of this notification: | Initial notification | |
3 | Details of the issuer | ||
a) | Name: | GVC HOLDINGS PLC | |
b) | LEI: | 213800GNI3K45LQR8L28 | |
4 | Details of the transaction(s) | ||
4a) | Type of instrument: | Ordinary shares of €0.01 each | |
4b) | Nature of the transaction: | Exercise of an option | |
4c)
| Price per share (in pence) and volume (number) of shares: | Price per share in pence | Volume |
422.00 | 1,955,126 | ||
4d) | Totals from 4(c):
| Price per share in pence | Total volume |
422.00 | 1,955,126 | ||
4e) | Date of execution of transaction: (YYYY - MM - DD) 2018-09-27 | ||
4f) | Place of transaction: | Outside a trading venue | |
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 2,170,187 | |
6 | Beneficial shareholding after the transaction (including shares held by your associated persons): | 4,125,313
| |
1 | Details of the PDMR/person closely associated | ||
| Full legal name of person / company (or other entity) who/which has undertaken the transaction: Lee Feldman | ||
| Nature of holding (please delete those not applicable): Beneficial | ||
| Name of broker used (if any): N/A | ||
2 | Reason for the notification | ||
2a) | Job title/role of PDMR: | Chairman | |
2b) | Status of this notification: | Initial notification | |
3 | Details of the issuer | ||
a) | Name: | GVC HOLDINGS PLC | |
b) | LEI: | 213800GNI3K45LQR8L28 | |
4 | Details of the transaction(s) | ||
4a) | Type of instrument: | Ordinary shares of €0.01 each | |
4b) | Nature of the transaction: | Exercise of an option | |
4c)
| Price per share (in pence) and volume (number) of shares: | Price per share in pence | Volume |
467.00 | 977,562 | ||
4d) | Totals from 4(c):
| Price per share in pence | Total volume |
467.00 | 977,562
| ||
4e) | Date of execution of transaction: (YYYY - MM - DD) 2018-09-27 | ||
4f) | Place of transaction: | Outside a trading venue | |
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 942,228
| |
6 | Beneficial shareholding after the transaction (including shares held by your associated persons): |
1,919,790 | |
1 | Details of the PDMR/person closely associated | ||
| Full legal name of person / company (or other entity) who/which has undertaken the transaction: Kenneth Alexander | ||
| Nature of holding (please delete those not applicable): Beneficial | ||
| Name of broker used (if any): Investec | ||
2 | Reason for the notification | ||
2a) | Job title/role of PDMR: | CEO | |
2b) | Status of this notification: | Initial notification | |
3 | Details of the issuer | ||
a) | Name: | GVC HOLDINGS PLC | |
b) | LEI: | 213800GNI3K45LQR8L28 | |
4 | Details of the transaction(s) | ||
4a) | Type of instrument: | Ordinary shares of €0.01 each | |
4b) | Nature of the transaction: | Share sale | |
4c)
| Price per share (in pence) and volume (number) of shares: | Price per share in pence | Volume |
954.2328 950.00 | 1,396,457 715 | ||
4d) | Totals from 4(c):
| Price per share in pence | Total volume |
954.2306 | 1,397,172 | ||
4e) | Date of execution of transaction: (YYYY - MM - DD) 2018-09-27 | ||
4f) | Place of transaction: | London Stock Exchange (LSE) | |
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 4,125,313 | |
6 | Beneficial shareholding after the transaction (including shares held by your associated persons): | 2,728,141
| |
1 | Details of the PDMR/person closely associated | ||
| Full legal name of person / company (or other entity) who/which has undertaken the transaction: Lee Feldman | ||
| Nature of holding (please delete those not applicable): Beneficial | ||
| Name of broker used (if any): Investec | ||
2 | Reason for the notification | ||
2a) | Job title/role of PDMR: | Chairman | |
2b) | Status of this notification: | Initial notification | |
3 | Details of the issuer | ||
a) | Name: | GVC HOLDINGS PLC | |
b) | LEI: | 213800GNI3K45LQR8L28 | |
4 | Details of the transaction(s) | ||
4a) | Type of instrument: | Ordinary shares of €0.01 each | |
4b) | Nature of the transaction: | Share sale | |
4c)
| Price per share (in pence) and volume (number) of shares: | Price per share in pence | Volume |
954.2328 | 732,382 | ||
4d) | Totals from 4(c):
| Price per share in pence | Total volume |
954.2328 | 732,382
| ||
4e) | Date of execution of transaction: (YYYY - MM - DD) 2018-09-27 | ||
4f) | Place of transaction: | London Stock Exchange (LSE) | |
5 | Beneficial shareholding before the transaction (including shares held by associated persons): | 1,919,790 | |
6 | Beneficial shareholding after the transaction (including shares held by your associated persons): | 1,187,408 | |