FD ditches entire stake in online gaming firm

FD ditches entire stake in online gaming firm

News of sale sends share price down

Martin Weigold, finance director of online gambling firm PartyGaming, has
sold all his shares in the company along with the company secretary David Abdoo.

Weigold cashed in with £3.1m by selling all his 2.7 million shares at 116.40p
each, chairman Michael Jackson – also chairman of Sage – made £305,048 by
selling 262,069 shares, and company secretary, Abdoo, raised £1.98m by selling
all of his 1.7 million shares.

Not surprisingly, the news, when it was made public to the market, sent the
company’s share price downwards and it was last trading at 112p.

Related Articles

M&S business rate liabilities based on £570m rateable value

Company News M&S business rate liabilities based on £570m rateable value

6m Emma Smith, Managing Editor
BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

10m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

1y Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

1y Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

1y Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

1y Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

1y Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

1y Emma Smith, Managing Editor