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25 November 2011

Exercise of options by Directors
Acquisition of shares by a Director

GVC Holdings plc (AIM:GVC), a leading online gaming company, announces that it has today issued 333,333 new fully paid ordinary shares of €0.01 each ("New Ordinary Shares") to certain Directors following the exercise of options under the Share Option Plan of the Company adopted on 2 December 2004:

Mr Kenneth Alexander, Chief Executive Officer, exercised options over 233,333 ordinary shares in the Company at 100 pence per ordinary share; and

Mr Richard Cooper, Finance Director, exercised options over 100,000 ordinary shares in the Company at 126 pence per ordinary share.

It is an obligation placed upon the executive directors that during the period of their employment they have to retain their New Ordinary Shares.

Following the issue of the New Ordinary Shares, the beneficial interests of those Directors will be as follows:

Director Number of New Ordinary Shares Holding following receipt of New Ordinary Shares Percentage holding following receipt of New Ordinary Shares
Kenneth Alexander 233,333 313,333 0.995%
Richard Cooper 100,000 135,000 0.429%

Application has been made for the New Ordinary Shares to be admitted to trading on AIM. It is expected that admission will occur and that dealings will commence at 8.00 a.m. on 1 December 2011. Immediately following admission of the New Ordinary Shares, the Company will have 31,469,095 fully paid Ordinary Shares on issue.

Director shareholding

GVC has been informed today that Mr Lee Feldman, Non Executive Chairman, bought 20,000 fully paid ordinary shares of €0.01 each in the Company ("Shares") at 125 pence per ordinary share.

Following the purchase of the Shares, the beneficial interests of Mr Lee Feldman will be as follows:

Director Number of Shares purchased Holding following purchase of Shares Percentage holding following purchase of Shares
Lee Feldman 20,000 73,700 0.237%

 

For further information:

GVC Holdings plc  
Kenneth Alexander, Chief Executive Tel: +44 (0) 20 7398 7702
Richard Cooper, Group Finance Director www.gamingvc.com

Daniel Stewart & Company Plc Tel: +44 (0) 20 7776 6550
Paul Shackleton / David Hart / Jamie Barklem www.danielstewart.co.uk

Media enquiries:

Abchurch  
Henry Harrison-Topham / Mark Dixon / Oliver Hibberd Tel: +44 (0) 20 7398 7702
henry.ht@abchurch-group.com www.abchurch-group.com

About GVC Holdings PLC

GVC Holdings is a leading online gaming company. The Group is incorporated in the Isle of Man and is licensed in Malta, and the Netherlands Antilles.

In December 2004, the shares of Gaming VC Holdings S.A., GVC's predecessor company, were admitted to the AIM market of the London Stock Exchange. The GVC Group has never transacted wagering activity by players in the US. Further information on the Group is available at www.gamingvc.com.



 

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