Wednesday January 29, 2020

Paddy Power boss Corcoran scoops more than €5m in share sale

Corcoran still a large shareholder in the betting company

Ian Guider

Markets Editor

@ianguider
12th March, 2016
Breon Corcoran, chief executive of Paddy Power Betfair

The chief executive of Paddy Power Betfair has scooped more than €5 million from the sale of part of his stake in the gaming giant.

A regulatory filing last week shows that Breon Corcoran sold 43,500 shares last Thursday at a price of £95.72 each, bringing in £4.1 million, equivalent to €5.37 million.

Corcoran is still a large shareholder in the betting company, which reported record profits for 2015.

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