News Archive

16 October 2012

Temporary Suspension of Trading

GVC Holdings PLC (AIM:GVC), a leading provider of B2B and B2C services to the online gaming and sports betting markets, announces that following the agreement of terms in connection with the possible offer by GVC and William Hill plc for Sportingbet plc (“Sportingbet”) announced earlier today, the Board notes that historic financial information in relation to the parts of the Sportingbet's business which may be acquired by GVC has yet to be extracted from Sportingbet's consolidated accounts.  Accordingly, the Board has requested a temporary suspension of trading in the Company's ordinary shares which will take effect from 7:30 a.m. today.

These discussions are at a preliminary stage and there can be no certainty that they will be concluded successfully.  A further announcement will be made in due course.

 

For further information:


GVC Holdings PLC

 

Kenneth Alexander, Chief Executive Officer

Tel: +44 (0) 20 7398 7702

Richard Cooper, Group Finance Director

www.gvc-plc.com

Daniel Stewart & Company Plc

Tel: +44 (0) 20 7776 6550

Paul Shackleton / David Hart / James Felix

www.danielstewart.co.uk

Media enquiries:


Abchurch

 

Henry Harrison-Topham / Shabnam Bashir

Tel: +44 (0) 20 7398 7702

henry.ht@abchurch-group.com

www.abchurch-group.com


About GVC Holdings PLC
GVC Holdings PLC is a leading provider of B2B and B2C services to the online gaming and sports betting markets.  The Group is headquartered in the Isle of Man and is licensed in Malta, and the Netherlands Antilles.

Further information on the Group is available at www.gvc-plc.com

 

 

 

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