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Press Release

19 March 2013

GVC Holdings PLC

("GVC" or the "Group")

GVC completes acquisition of Sportingbet

GVC Holdings PLC (AIM:GVC), a leading provider of B2B and B2C services to the online gaming and sports betting markets, is pleased to announce that the Group has today completed the acquisition of Sportingbet plc.  The acquisition was made as part of a recommended offer for Sportingbet by GVC and William Hill plc.  William Hill plc has acquired Sportingbet's Australian business and has been granted a call option over Sportingbet's Spanish business.

Kenneth Alexander, Chief Executive Officer of GVC Holdings plc, commented: "The acquisition of Sportingbet is a transformational deal. It consolidates GVC's position as one of the leading operators in these markets and should provide scope for considerable growth.

"Over the next 18 months, theGVC Board will be focused on integrating and restructuring the Sportingbet business and leveraging its market leading sportsbook platform and trading team.We look forward to working with our new colleagues and believe that the Enlarged Group has an exciting future."

It is expected that admission of the Existing GVC Shares will be cancelled and that the Enlarged Issued Share Capital of GVC will be re-admitted to AIM at 8.00 a.m. on 20 March 2013.  Dealing in GVC Shares is expected to commence on AIM at 8.00 a.m. on 20 March 2013.

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For further information:

GVC Holdings PLC


Kenneth Alexander, Chief Executive Officer

Tel: +44 (0) 20 7398 7702

Richard Cooper, Group Finance Director

www.gvc-plc.com

Daniel Stewart & Company Plc

Tel: +44 (0) 20 7776 6550

David Hart / Paul Shackleton / James Felix

www.danielstewart.co.uk

Media enquiries:

Abchurch


Henry Harrison-Topham / Shabnam Bashir

Tel: +44 (0) 20 7398 7702

henry.ht@abchurch-group.com

www.abchurch-group.com

About GVC Holdings PLC

GVC Holdings PLC is a leading provider of B2B and B2C services to the online gaming and sports betting markets.  The Group is headquartered in the Isle of Man and is licensed in Malta, and the Netherlands Antilles.

Further information on the Group is available atwww.gvc-plc.com


This information is provided by RNS
The company news service from the London Stock Exchange
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