David Baazov continues sale of Amaya shares
Prior to the dispositions, Mr. Baazov owned 17,605,839 Common Shares, representing approximately 12% of the issued and outstanding Common Shares. After giving effect to this disposition, Mr. Baazov owns 5,605,839 Common Shares, representing approximately 3.8% of the issued and outstanding Common Shares.
Mr. Baazov disposed of the above 12,000,000 Common Shares for investment purposes. Mr. Baazov continues to own Common Shares for investment purposes and may, from time to time, dispose of some or all of the existing securities he owns or will own, or may continue to own his current position depending on market and other conditions and regulatory restrictions or requirements, including, without limitation, through open market transactions, treasury issuances, private agreements or otherwise for investment purposes.
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