About Us

GVC Holdings PLC (LSE:GVC) is a multinational sports betting and gaming group. Our shares are listed on the Official List (Premium Segment) and are traded on the Main Market of the London Stock Exchange. Our shares were traded on AIM from 21 December 2004 until 1 February 2016. We are incorporated in the Isle of Man under number 4685V.

The Group operates some of the leading brands in the gaming sector including bwin, Sportingbet, partypoker and Foxy Bingo. In addition the Group provides online gaming services on a business-to-business basis to a limited number of third party operators.

Key facts
•Licenses in 14 countries
•Offices in Austria, Bulgaria, Denmark, Germany, Gibraltar, India, Ireland, Israel, Italy, Malta, The Philippines, Slovakia, Spain, United Kingdom, Ukraine and Uruguay
•Over 3,200 employees or co-workers
•€4bn of sports wagers a year



http://www.gvc-plc.com/







William Hill closes on Sportingbet deal

by: Dominic Walsh
From: The Times
December 20, 201211:16AM

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WILLIAM HILL will unveil a recommended £486 million ($754 million) takeover of Sportingbet today after hammering out a retention deal with the management of the online bookmaker's Australian division.

The group, which is bidding jointly with GVC Holdings, had hoped to finalise terms by Tuesday's deadline set by the Takeover Panel but was forced to seek an extension until tomorrow to tie in Michael Sullivan, head of Sportingbet Australia, and his top team


Date: Tuesday 16 Oct 2012

LONDON (ShareCast) - Online gaming firm GVC has requested a temporary suspension of trading today following the agreement of a revised and increased possible offer by GVC and William Hill for Sportingbet.

Trading has been suspended because 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, GVC explained a in company statement.

It added that talks are at a preliminary stage and there can be no certainty that they will be concluded successfully.

CJ

Interim Results
RNS
RNS Number : 3793X
GVC Holdings PLC
28 August 2015

GVC Holdings PLC



("GVC", the "Company" or the "Group")



Interim Results



GVC Holdings PLC (AIM:GVC), the multinational sports betting and gaming group, today releases its unaudited interim results for the six months ended 30 June 2015.



Financial highlights*



· Wagers - up 18.6% to €824 million (H1-2014: €694 million)

· Sports Gross Margin - 8.8% (H1-2014: 9.9% )

· Net Gaming Revenue ("NGR") - up 15.1% to €121 million (H1-2014: €105 million)

· Contribution - up 15.3% to €65 million (H1-2014: €57 million)

· Clean EBITDA - up 14.0% to €25.5 million (H1-2014: €22.4 million)

· Total dividend declarations to date - up 5% to 42€cps on the same period in the prior year

· Deposit values - up 18% on H1-2014

· In-play - generating 73% of Sports Gross Margin (H1-2014: 63%)

· Mobile - generating 38% of Sports Gross Gaming Revenue ("GGR") (H1-2014: 22%)

· Adjusted, diluted Earnings Per Share - growth of 25% to 33.3 €cps





Commenting on the results, Kenneth Alexander, Chief Executive of GVC Holdings PLC, said:



"GVC continues to show strong financial performance, with growth in revenue, clean EBITDA and dividends. The Board would like to thank our talented and motivated staff for helping us to maintain this. We are highly confident for the rest of the year.



"With our track record of delivering value through organic growth and acquisitions we are determined that GVC will play an important role in the continuing consolidation of the online gaming sector. We expect to update the market soon about our discussions with bwin.party digital entertainment plc."



- Ends -

888-Holdings-pleads-Bwin-reject-lure-Sportingbet-owner-GVC.

Company News

Battle for Bwin.Party heats up ahead of this week's decision

Sun, 30 August 2015



(ShareCast News) - Bwin.Party will this week make its decision about which of its two suitors, 888 and GVC Holdings, it will select.
With 888 looking like it held the lead, the situation was reportedly suddenly turned on its head on Friday with a new offer from GVC, which valued the company at £1bn.

Bwin.Party had recommended its shareholders accept 888's 104.9p-a-share offer, but GVC was later invited to submit its "best terms", having done a lot of work to improve its position.

According to the Sunday Times, one Bwin investor told it: "GVC is trying to scare 888 out of the process, and they are confident."

Another source told it that there was "a change 888 might not come back".

Offer Update
RNS
RNS Number : 5925X
bwin.party digital entertainment
01 September 2015















1 September 2015



bwin.party digital entertainment plc

('bwin.party')



Offer update



Further to its announcement on 27 August regarding a proposal from GVC Holdings PLC ('GVC'), the Board of bwin.party ('bwin.party') confirms it has also now received a revised proposal from 888 Holdings plc ('888'). This revised proposal is subject to a number of pre-conditions (which can be waived in whole or in part by 888).



The Board of bwin.party is evaluating this proposal, together with that received from GVC, and intends to consult with its key shareholders in the coming days before making a final determination as to which proposal is in the best interests of shareholders. A further announcement will be made in due course.



The Board's unanimous recommendation of 888's offer, which was announced on 17 July 2015, remains unchanged by this announcement. Documentation in respect of this offer was posted to shareholders on 28 August 2015.

Offer Update
RNS
RNS Number : 5925X
bwin.party digital entertainment
01 September 2015















1 September 2015



bwin.party digital entertainment plc

('bwin.party')



Offer update



Further to its announcement on 27 August regarding a proposal from GVC Holdings PLC ('GVC'), the Board of bwin.party ('bwin.party') confirms it has also now received a revised proposal from 888 Holdings plc ('888'). This revised proposal is subject to a number of pre-conditions (which can be waived in whole or in part by 888).



The Board of bwin.party is evaluating this proposal, together with that received from GVC, and intends to consult with its key shareholders in the coming days before making a final determination as to which proposal is in the best interests of shareholders. A further announcement will be made in due course.



The Board's unanimous recommendation of 888's offer, which was announced on 17 July 2015, remains unchanged by this announcement. Documentation in respect of this offer was posted to shareholders on 28 August 2015.

Company News

GVC would reportedly consider going hostile for Bwin

Wed, 02 September 2015


(ShareCast News) - GVC Holdings is reportedly considering going hostile in the £1bn battle for Bwin.Party Digital Entertainment if the company's board recommends a lower offer from 888 Holdings.
The Times quoted GVC chairman Lee Feldman as saying that the board is "not prepared to walk away" from Bwin and when asked about the possibility of going hostile, he said the GVC had "certainly thought about it".

"We don't see (going hostile) as necessary right now as we're offering a higher price and have a better operating track record. That said, we believe GVC should own this asset and we wouldn't exclude any strategy," he told the Times.

Announcement

Company News

GVC trumps 888 Holdings in battle for Bwin

Fri, 04 September 2015


GVC trumps 888 Holdings in battle for Bwin



(ShareCast News) - GVC Holdings has trumped rival 888 Holdings in the battle for online gambling group Bwin.Party Digital Entertainment.


The Sportingbet owner said Bwin has agreed to its offer of 25p in cash and 0.231 new GVC shares, which values the company at around 129.64p per share or £1.12bn.

This represents a 12.5% premium to the closing price of Bwin on 3 September and a 45% premium to the closing price of Bwin on 14 May, which was the last business day before the announcement that it had received proposals.

Bwin's chairman, Philip Yea, said: "In recommending the offer from GVC, the board has taken into account many factors including, but not limited to, the headline value per share and the consideration being offered, the level, timing and deliverability of the financial synergies to be generated and the enlarged group's growth strategy in an increasingly competitive marketplace.

"As a result of these and other factors, including the proven track record of GVC's management team in creating substantial value for shareholders, after a carefully managed and diligent review process, the board has withdrawn its recommendation for the 888 offer and is now advising bwin.party shareholders to vote in favour of the offer from GVC."

888 responded to the news by saying that as a result of its own extensive due diligence on Bwin, it cannot see sufficient value in the company to warrant a revision to its offer.

"Consequently, 888 confirms that it is no longer in discussions regarding the acquisition of Bwin.party," it said.

Bwin put itself up for sale last year and 888 and GVC expressed their interest in the business in May. Since then, the two companies have been engaged in a takeover race, making cash and share offers.

Initially, GVC had teamed up with Canadian poker company Amaya and planned a break-up of Bwin.

Although GVC offered more for Bwin, the board had considered the joint approach too risky and as a result, recommended the takeover by 888.

But determined to get ahead, GVC then ditched Amaya, secured a €400m loan and made an improved bid to Bwin in August.

Last week, Bwin incited asked GVC to make its best formal offer and this was submitted last Friday, while a sweetened bid from 888 was made over the weekend

Director's Declaration
RNS
RNS Number : 8745Y
GVC Holdings PLC
11 September 2015







GVC Holdings PLC



("GVC" or the "Group" or the "Company")



Director's Dealings





The Company announces that Lee Feldman, Non-Executive Chairman today purchased 20,400 ordinary shares of €0.01 each in GVC at a price of 405p per share. Following this transaction, Mr Feldman holds 165,957 ordinary shares in the Company, representing approximately 0.27 per cent. of its issued share capital.





- Ends -

IC - punchy yield stock GVC has revealed it is taking a dividend holiday in 2016 as it prepares to subsume acquisition target Bwin.Party Digital Entertainment. In May the dividend yield was 9 per cent. The payment holiday may be offputting but there is a clear reason for it. Payments could resume sooner than planned meaning holding on makes sense.

Trading update and quarterly dividend declaration

Director's Dealings
RNS
RNS Number : 1613C
GVC Holdings PLC
13 October 2015







GVC Holdings PLC (the "Company")



Director's Dealings





The Company announces that Richard Cooper, Group Finance Director, has today purchased 13,333 ordinary shares of €0.01 each in the Company ("Ordinary Shares") at a price of 413p per Ordinary Share. Following this transaction, Mr. Cooper holds 15,000 ¹ Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued ordinary share capital.



¹ In addition, Richard Cooper's wife, Mrs P. Mourier Cooper, holds 335,000 Ordinary Shares.

Can GVC sort out BWIN. We need a management reassurance soon , or this will keep on drifting down as no divi for 2016 anticipated.

This may not be a done deal. Will BWIN holders want GVC shares at this low price?

21 Oct Panmure Gordon 484.00 Buy

Good writeup on GVC in shares mag. ;;; Limited downside upgrade potential , 10% div. in 2017 or sooner;;;

Cheers humpback321.

Also like from the GVC'S historical and forecast performance chart in Shares, the sales jump and pre-tax profit from 2015 to 2016 and 2017.


Year end / Sales / Pre - tax profit


2015 E / 250.7 m euro / 46.5 m euro

2016 E / 858.2m euro / 141.7 m euro

2017 E / 888.0 m euro / 205.4 m euro

After very little news since takeover announcement todays announcement shows the huge amount of work that has been done. Many conditions have been submitted and certain approvals obtained. GVC and BWIN general meetings both on same day 15/11/15 for voting. If ok vote GVC to be admitted to UKLA official list . GVC general meeting 29/1 16. Scheme court hearing 1/2/16. Delisting of BWIN shares dealing of new GVC shares. One interesting piece was approval of BWINs kalixa payments business and BWINs intertrader contracts and spreadbetting business.

Trading update

4 Dec Panmure Gordon 484.00 Buy