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GVC's Teufelberger linked to £8.4m share sale

The former Bwin chief, who moved to GVC as part of the takeover, has indirectly halved his beneficial stake in the business
January 19, 2017

Gaming industry veteran Norbert Teufelberger looks to have got the new year off to a good start with two GVC (GVC) share sales totalling £8.4m - albeit carried out by a related party.

IC TIP: Buy at 607p

Mr Teufelberger, who has worked in the gaming industry since 1989, is on GVC's board as a non-executive director following the purchase of his company by Bwin Party in 2016. He had led Bwin since 2001.

Stock market announcements show thar one 800,000 share sale and another 500,000 share sale, both at 644.5p, by a "person closely associated" with Mr Teufelberger were made on 5 January 2017. After both transactions, which represent nearly half of the owner's stake, more than 1.4m shares are still held. Shortly after the GVC deal completed, Mr Teufelberger sold 460,000 shares at 490p, netting himself more than £2.2m.

 

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Avacta  Michael Albin11 Jan 174,340723,1258,6320.013
BP♥ Nils Andersen5 Jan 1722,145514.4113,91423,0000.000
Condor Gold Mark Child (ch & ceo)9 Jan 1720,0005410,8003,962,5007.489
e-Therapeutics Trevor Jones 10 Jan 1736,9177.452,750107,4970.040
Henderson European Focus Trust Robin Archibald10 Jan 172,231112525,0992,2360.011
hVIVO Jaime Ellertson (ch)9 Jan 1710,11416116,28465,1540.083
hVIVO Jim Winschel 9 Jan 172,4841613,99937,1900.048
Immunodiagnostic Systems Till Campe11 Jan 171,5002453,6751,7900.006
Jarvis Securities Jolyon Head (fd)5 Jan 172,0003426,84033,8760.308
Jersey Electricity David Padfield6 Jan 171,4524156,0261,4520.012
Jersey Electricity Christopher Ambler (ceo)10 Jan 172,4154149,9987,5200.065
MS International Michael O'Connell (fd)10 Jan 1730,00016549,5001,584,1839.598
Mercom Capital Felipe Simonsen5 Jan 1718,000509,00018,0000.048
Mercom Capital Jean-Pascal Tranié6 Jan 1760,0005030,00071,0000.190
Metals Exploration Jeremy Ayre9 Jan 175,000,0005250,0007,000,0000.338
Next Francis Salway9 Jan 171,250405050,6259,0400.006
Northern Petroleum* Ian Lanaghan11 Jan 17210,0323.57,351427,0320.136
Northern Petroleum* Keith Bush (ceo)11 Jan 17140,7353.54,926590,7350.188
Northern Petroleum* Nick Morgan (fd)11 Jan 17272,5223.59,538720,5220.229
Pantheon Resources Phillip Gobe5 Jan 1712,50089.0111,12650,0000.023
Pantheon Resources Phillip Gobe5 Jan 1737,5008933,37537,5000.017
Riverstone Energy Kenneth Ryan5 Jan 1715,0001334.87200,231464,2980.550
Riverstone Energy Kenneth Ryan6 Jan 1715,0001330.82199,623479,2980.567
Riverstone Energy David Leuschen5 Jan 1715,0001334.87200,2315,478,6336.485
Riverstone Energy David Leuschen6 Jan 1715,0001330.82199,6235,493,6336.503
Riverstone Energy Jeremy Thompson6 Jan 173,7511329.575149,8723,7510.004
Riverstone Energy Patrick Firth9 Jan 174,000134353,7208,0000.009
Riverstone Energy Pierre Lapeyre Jr5 Jan 1715,0001334.87200,2315,522,6336.537
Riverstone Energy Pierre Lapeyre Jr6 Jan 1715,0001330.82199,6235,537,6336.555
Riverstone Energy Claire Whittet6 Jan 172,250132829,8802,2500.003
Roxi Petroleum♥ Edmund Limerick11 Jan 17530,0009.550,3502,235,0000.238
Shearwater* Giles Willits9 Jan 17625,000425,000625,0000.129
Shearwater* Chris Eadie9 Jan 17625,000425,0005,125,0011.059
Shearwater* David Williams (ch)9 Jan 1715,000,0004600,00096,083,99419.862
Shearwater* Mo Stevens (ceo)9 Jan 17625,000425,000625,0000.129
Shearwater* Robin Southwell 9 Jan 17625,000425,000625,0000.129
Shearwater* Stephen Ball9 Jan 17625,000425,000625,0000.129
Sirius Real Estate Andrew Coombs (ceo)6 Jan 1742,5005422,9504,374,3520.515
Sirius Real Estate Alistair Marks (cfo)11 Jan 1792,0005449,6802,434,7980.287
Strategic Minerals Peter Wale6 Jan 17500,0000.49992,50046,364,0003.805
Strategic Minerals Peter Wale6 Jan 171,000,0000.4734,7301,000,0000.082
Strategic Minerals Peter Wale6 Jan 171,000,0000.48894,8892,000,0000.164
Topps Tiles Rob Parker (fd)10 Jan 1765,00086.556,225377,8950.197
Trinity Exploration & Production* Bruce Dingwall (ch)11 Jan 176,400,0004.98318,72012,215,4984.326
UIL David Shillson9 Jan 174,9681597,89941,4580.046
UIL Warren McLeland9 Jan 174,9681597,89928,8470.032
UIL Alison Hill9 Jan 174,9681597,8994,9680.006
VPC Specialty Lending Investments♥ Richard Levy9 Jan 1776,8627960,7211,197,0500.315
Zenith Energy Andrea Cattaneo (ceo)11 Jan 17100,00088,0001,547,4851.570

Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
AB Dynamics♥ Timothy Rogers (ceo)5 Jan 1710,00054554,500398,9532.087
Ashtead  Sat Dhaiwal9 Jan 17248,3751585.323,937,539150,0000.030
Eco Animal HealthPeter Lawrence (ch)11 Jan 17150,000510765,0009,648,47714.847
GVC♥ Norbert Teufelberger5 Jan 17500,000644.5283,222,6401,455,2760.498
GVC♥ Norbert Teufelberger5 Jan 17800,000644.5285,156,2241,955,2760.668
NMC Health H Tompkins (ch)11 Jan 171,0001647.74416,47724,0830.012
*Placing/tender/open offer ♥Spouse/connected party