PRESS RELEASE
Grant of Options
12 December 2008
Gaming VC Holdings S.A. (AIM: GVC), a leading European online gaming company, announces that, on 11 December 2008 Richard Cooper, Finance Director of the Company, was granted options to subscribe for a total of 400,000 ordinary shares of €1.24 each in the Company at a price of £1.26 per share, being a 20% premium to the average closing mid market price of an ordinary share for the three dealing days prior to the announcement on 5 December 2008 of Richard Cooper's appointment.
The options were granted pursuant to and subject to the rules of the Company's Share Option Plan and will vest over 4 years.
As at 11 December 2008, the Company had 31,135,762 ordinary shares in issue.
For further information:
| Gaming VC Holdings S.A. | |
| Lee Feldman, Chairman | Tel: +44 (0) 20 7398 7700 |
| Kenneth Alexander, Chief Executive Officer | www.gamingvc.com |
| Arbuthnot Securities Limited | Tel: +44 (0) 20 7012 2000 |
| James Steel, Corporate Finance | www.arbuthnotsecurities.co.uk |
Media enquiries:
| Abchurch | |
| Henry Harrison-Topham / Stephanie Cuthbert | Tel: +44 (0) 20 7398 7718 |
| stephanie.cuthbert@abchurch-group.com | www.abchurch-group.com |
Notes to editors
Gaming VC is a leading European online gaming company. The Group is headquartered in Luxembourg and is licensed in Malta, Italy and the Netherlands Antilles.
Gaming VC's management team has a wealth of experience in the gaming industry and has a significant track record in successfully identifying and penetrating new markets. The Group is focused on delivering an innovative product offering and is dedicated to providing sophisticated Customer Relationship Management (CRM) to ensure high levels of customer satisfaction.
Gaming VC uses Internet marketing and affiliate networks for customer acquisition and customer retention purposes.
In December 2004, Gaming VC's shares were admitted to the AIM market of the London Stock Exchange. Gaming VC has not and has never had any operations in the US and has never transacted wagering activity by players in the US.
Further information on the Company is available at www.gamingvc.com.