Shares in 888 Holdings have fallen after the family of Aharon Shaked, the co-founder of the igaming operator who died in 2010, sold its entire remaining stake in the company.
Yesterday the Shaked family sold 46.3m shares in the company, which represented around 13 per cent of 888's share capital, at 243p each.
The sale raised the family £112m.
News of the sell-off saw 888’s share price drop 6.1 per cent to 242.2p at cloose of trading. The year high, achieved in May, was 300.5p.
