TIDMGVC

RNS Number : 1057B

GVC Holdings PLC

31 March 2017

31 March 2017

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 ("2015 LTIP"), which vested on 2 February 2017. As a result, the Directors acquired the following number of GVC ordinary shares of EUR0.01 each ("Shares"):

 
 Name                 Exercise Price    Number of Shares 
-------------------  ----------------  ----------------- 
 Kenneth Alexander    GBP4.22           977,563 
-------------------  ----------------  ----------------- 
 Lee Feldman          GBP4.67           488,782 
-------------------  ----------------  ----------------- 
 

The Shares acquired by the Directors as a result of exercising these options were sold in the market at GBP7.20 per Share.

Lee Feldman has also acquired in the market 7,343 Shares at GBP7.29 per Share, in accordance with his obligations associated with his 2015 LTIP award (as disclosed in the Company's announcement of 3 February 2016).

Details of the transactions are set out below.

Following these transactions the Directors' personal shareholdings in the Company are as follows:

 
 Name                Number of Shares    Percentage of 
                                          Issued Share 
                                          Capital 
------------------  ------------------  -------------- 
 Kenneth Alexander   1,898,788           [0.65] 
                      (See Note below) 
------------------  ------------------  -------------- 
 Lee Feldman         726,807             [0.24] 
------------------  ------------------  -------------- 
 

Note: This includes 313,333 shares owned by Kenneth Alexander's wife

For further information:

 
 GVC Holdings PLC 
                                       Tel: +44 (0) 
 Kenneth Alexander, Chief Executive    1624 652 559 
 Paul Miles, Chief Financial 
  Officer 
  Nick Batram, Head of Investor        Tel: +44 (0) 
  Relations & Corporate Strategy       20 7337 0110 
 

Media enquiries:

 
 Bell Pottinger 
 David Rydell, Anna Legge, Laura    Tel: +44 (0) 
  Jaques                            20 3772 2500 
 
 
 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 
                                       EUR0.01 each 
----  -----------------------------  -------------------------- 
 4b)   Nature of the transaction:     Exercise of an option 
----  -----------------------------  -------------------------- 
       Price per share (in            Price per       Volume 
        pence) and volume (number)     share in 
        of shares:                       pence 
----  -----------------------------  -----------  ------------- 
 4c)                                     422p        977,563 
----  -----------------------------  -----------  ------------- 
       Totals from 4(c):              -Price per   Total volume 
                                       share in 
                                         pence 
----  -----------------------------  -----------  ------------- 
 4d)                                     422p        977,563 
----  -----------------------------  -----------  ------------- 
 4e)   Date of execution of transaction: (YYYY 
        - MM - DD) 2017-03-29 
----  --------------------------------------------------------- 
 4f)   Place of transaction:          Outside a trading venue 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        before the transaction 
        (including shares held 
 5      by associated persons):       1,898,788 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        after the transaction 
        (including shares held 
        by your associated 
 6      persons):                     2,876,351 
----  -----------------------------  -------------------------- 
 
 
 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 
                                       EUR0.01 each 
----  -----------------------------  -------------------------- 
 4b)   Nature of the transaction:     Exercise of an option 
----  -----------------------------  -------------------------- 
       Price per share (in            Price per       Volume 
        pence) and volume (number)     share in 
        of shares:                       pence 
----  -----------------------------  -----------  ------------- 
 4c)                                     467p        488,782 
----  -----------------------------  -----------  ------------- 
       Totals from 4(c):              -Price per   Total volume 
                                       share in 
                                         pence 
----  -----------------------------  -----------  ------------- 
 4d)                                     467p        488,782 
----  -----------------------------  -----------  ------------- 
 4e)   Date of execution of transaction: (YYYY 
        - MM - DD) 2017-03-29 
----  --------------------------------------------------------- 
 4f)   Place of transaction:          Outside a trading venue 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        before the transaction 
        (including shares held 
 5      by associated persons):       719,464 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        after the transaction 
        (including shares held 
        by your associated 
 6      persons):                     1,208,246 
----  -----------------------------  -------------------------- 
 
 
 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 
                                       EUR0.01 each 
----  -----------------------------  -------------------------- 
 4b)   Nature of the transaction:     Share sale 
----  -----------------------------  -------------------------- 
       Price per share (in            Price per       Volume 
        pence) and volume (number)     share in 
        of shares:                       pence 
----  -----------------------------  -----------  ------------- 
 4c)                                     720p        977,563 
----  -----------------------------  -----------  ------------- 
       Totals from 4(c):              -Price per   Total volume 
                                       share in 
                                         pence 
----  -----------------------------  -----------  ------------- 
 4d)                                     720p        977,563 
----  -----------------------------  -----------  ------------- 
 4e)   Date of execution of transaction: (YYYY 
        - MM - DD) 2017-03-30 
----  --------------------------------------------------------- 
 4f)   Place of transaction:          London Stock Exchange 
                                       (LSE) 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        before the transaction 
        (including shares held 
 5      by associated persons):       2,876,351 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        after the transaction 
        (including shares held 
        by your associated 
 6      persons):                     1,898,788 
----  -----------------------------  -------------------------- 
 
 
 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 
                                       EUR0.01 each 
----  -----------------------------  -------------------------- 
 4b)   Nature of the transaction:     Share sale 
----  -----------------------------  -------------------------- 
       Price per share (in            Price per       Volume 
        pence) and volume (number)     share in 
        of shares:                       pence 
----  -----------------------------  -----------  ------------- 
 4c)                                     720p        488,782 
----  -----------------------------  -----------  ------------- 
       Totals from 4(c):              -Price per   Total volume 
                                       share in 
                                         pence 
----  -----------------------------  -----------  ------------- 
 4d)                                     720p        488,782 
----  -----------------------------  -----------  ------------- 
 4e)   Date of execution of transaction: (YYYY 
        - MM - DD) 2017-03-30 
----  --------------------------------------------------------- 
 4f)   Place of transaction:          London Stock Exchange 
                                       (LSE) 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        before the transaction 
        (including shares held 
 5      by associated persons):       1,208,246 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        after the transaction 
        (including shares held 
        by your associated 
 6      persons):                     719,464 
----  -----------------------------  -------------------------- 
 
 
 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): Charles Schwab 
----  --------------------------------------------------------- 
 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 
                                       EUR0.01 each 
----  -----------------------------  -------------------------- 
 4b)   Nature of the transaction:     Share purchase 
----  -----------------------------  -------------------------- 
       Price per share (in            Price per       Volume 
        pence) and volume (number)     share in 
        of shares:                       pence 
----  -----------------------------  -----------  ------------- 
 4c)                                  729.0515p       7,343 
----  -----------------------------  -----------  ------------- 
       Totals from 4(c):              -Price per   Total volume 
                                       share in 
                                         pence 
----  -----------------------------  -----------  ------------- 
 4d)                                  729.0515p       7,343 
----  -----------------------------  -----------  ------------- 
 4e)   Date of execution of transaction: (YYYY 
        - MM - DD) 2017-03-30 
----  --------------------------------------------------------- 
 4f)   Place of transaction:          London Stock Exchange 
                                       (LSE) 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        before the transaction 
        (including shares held 
 5      by associated persons):       719,464 
----  -----------------------------  -------------------------- 
       Beneficial shareholding 
        after the transaction 
        (including shares held 
        by your associated 
 6      persons):                     726,807 
----  -----------------------------  -------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 31, 2017 02:01 ET (06:01 GMT)

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