Former Bwin C.e.o. Cashes In Some Of His Shares In New Merged Company

Teufelberger sells off 460,000 shares but retains a handsome holding in GVC Holdings

Hot on the heels of the completed GVC Holdings-Bwin.Party merger 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.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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