Sunday January 26, 2020

GAN founder Smurfit sells €1m worth of shares

Gaming company’s share price increased in recent months

Barry J Whyte

Chief Feature Writer

@whytebarry
5th January, 2020
Dermot Smurfit has sold around 750,000 shares in online gaming company GAN. Picture: Bryan Meade

Dermot Smurfit, founder of online gaming company GAN, has sold a total of around 750,000 shares in the company, earning him £902,850 (€1 million).

The sale of the shares, in three tranches between September and November, left him with around 8.1 million shares which, at the current share price of £1.91, is valued at £15.5 million.

The company’s share price has risen substantially in recent months. At the start of October, GAN’s shares were valued at just...

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