Shares in FTSE250 online gambling group 888 Holdings have tumbled following reports that the O Shaked family have sold their entire stake in the company this week. Yesterday the O Shaked Share Trust, which represents family members of deceased 888 Co-Founder Aharon Shaked initiated a sell-off of 46 million shares (12.9% equity) at a target price of 243 pence apiece. …
Read More »Tag Archives: Avi Shaked
Ben-Yitzhak family sells £57 million stake in 888 Holdings
The Financial Times (FT.com) has reported that 888 co-founders the Ben-Yitzhak brothers have sold a £57 million stake in the FTSE-listed operator The sale sees the Ben-Yitzhak family trust reduces its equity in 888 Holdings Plc from 10.4% to just below the 3% disclosure threshold. The FT reports that the Ben-Yitzhak shares were placed on the market via Wealth Management …
Read More »