Former bwin CEO cashes in some of his shares in new merged company
News on 9 Feb 2016
News on 9 Feb 2016
Hot on the heels of the completed GVC Holdings-Bwin.Party merger (see previous reports) comes the news that former Bwin CEO (and now non-executive director of the merged company) Norbert Teufelberger has cashed in some of his shares.
In a stock exchange advisory Tuesday the company advised that Teufelberger has sold 460,000 ordinary shares of Euro 0.01 each in the company (“Ordinary Shares”) at 490p (GBP37.99) per Ordinary Share.
The company advises that following this transaction, Teufelberger retains an interest in 2,755,264 Ordinary Shares representing 0.94 percent of the company’s issued share capital.
