Source: Sharecast
Bouchut, who joined GVC just over six months ago, purchased the shares at an average price of 548.53p each, for a total value of £98,737.
Reports circulated last month that the Ladbrokes owner was preparing for the departure of chairman Lee Feldman, just days after he sold off a £6m stake in the company.
Feldman was said to be leaving the business at or before its annual general meeting next year. Sources told Sky News that GVC's senior independent director, Stephen Morana, had briefed leading investors in recent weeks that he would accelerate the process to identify a successor for Feldman.
Earlier in March, GVC shares tumbled after chairman Feldman and chief executive Kenneth Alexander offloaded 900,000 and 2.06m shares in the company, respectively, for £6m and £13.7m. The stake sales were conducted at a discounted price of 666p a share.
As of 1650 BST, GVC shares had climbed 4.31% to 576.20p.
Top Director Buys
EnQuest (ENQ)
Director name: Mr Amjad Bseisu
Amount purchased: 2,321,757 @ 18.40p
Value: £427,203
EnQuest (ENQ)
Director name: Mr Amjad Bseisu
Amount purchased: 580,439 @ 18.40p
Value: £106,801
GVC Holdings (GVC)
Director name: Mr Pierre Bouchut
Amount purchased: 18,000 @ 548.53p
Value: £98,737
VPC Specialty Lending Investments (VSL)
Director name: Mr Richard Levy
Amount purchased: 75,072 @ 72.60p
Value: £54,502
Centrica (CNA)
Director name: Mr Charles Berry
Amount purchased: 40,000 @ 114.71p
Value: £45,884
Pearson (PSON)
Director name: Mr Sidney Taurel
Amount purchased: 3,094 @ 847.57p
Value: £26,224
Horizon Discovery Group (HZD)
Director name: Mr Grahame Cook
Amount purchased: 20,150 @ 149.00p
Value: £30,024
Hiscox Limited (DI) (HSX)
Director name: Ms Anne MacDonald
Amount purchased: 1,502 @ 1,557.50p
Value: £23,394
Horizon Discovery Group (HZD)
Director name: Mr Terry Pizzie
Amount purchased: 15,000 @ 147.50p
Value: £22,125
Pearson (PSON)
Director name: Mr Tim Score
Amount purchased: 2,566 @ 837.40p
Value: £21,488
Top Director Sells
Palace Capital (PCA)
Director name: Mr Stephen John Silvester
Amount sold: 9,717 @ 290.00p
Value: £28,179