Gambling bosses at Ladbrokes owner GVC are celebrating another multimillion-pound payday, just weeks after they sent shares tumbling by cashing in on a share sale. Gambling bosses at Ladbrokes owner GVC are celebrating another multimillion-pound payday, just weeks after they sent shares tumbling by cashing in on a share sale. The revelations come weeks after the duo toasted a £19.7 million payday after cashing in from a share sale. Mr Alexander and Mr Feldman raked in £13.7 million and £6 million respectively after offloading nearly three million shares between them. However, those divestments, at £6.66 per share, sent GVC’s stock tumbling as investors were spooked by the news.

Source: Irish Independent May 01, 2019 10:30 UTC