Dermot Smurfit sells $2.5 million worth of his shares in GAN

The chief executive of the online gaming company now has 1.7 million shares in the online gaming company, which are worth just over $20.5 million

Barry J Whyte

Chief Feature Writer @whytebarry
22nd November, 2021
Dermot Smurfit sells $2.5 million worth of his shares in GAN
Dermot Smurfit, the chief executive of GAN, said he still expects the business to hit its target of annual revenues of between $500 million and $600 million by 2026. Picture: Bryan Meade

Dermot Smurfit, the chief executive of online gaming company GAN, sold $2.5 million worth of shares in his company last week, stock exchange filings show.

The sale left Smurfit with 1.7 million shares in the company, which are worth just over $20.5 million at the current share price of $12.

The news comes after GAN announced its third-quarter financial results last week, which showed total revenue of $32.3 million, down 7 per cent on the previous quarter’s figure of...

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