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David Baazov, Amaya Gaming’s former boss, has sold off another really huge chunk of his holdings in the company he was running before being charged with insider trading in August last year.
Baazov announced that he’d disposed of 12m shares in the Toronto-listed Amaya over the past two days. Baazov sold the shares at an average price of $17, bringing his aggregate payday to a whopping US $200.7m.
It’s Baazov’s second large divestiture this month. He announced March 7 that had sold seven million Amaya shares at an average price of $19 per share, totalling $133 million.
