David Baazov disposes 7M Amaya shares for $133M

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By Ted Liu

David Baazov, former Chairman and CEO of Amaya Inc. (NASDAQ: AYA; TSX: AYA), has sold 7,000,000 common shares of Amaya Inc. through the facilities of the Toronto Stock Exchange (TSX) at a price of $19.00 per share for proceeds of $133 million.

Baazov continues to owns 17,605,839 Common Shares, representing approximately 12.1% of the issued and outstanding common shares.

Caledonia (Private) Investments Pty Limited of Sydney, Australia is the largest shareholder controlling over 18% of Amaya outstanding shares.

photo credit: Amaya