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Morgan still dedicated to GAME following shares sale

The GAME Group told GamesIndustry.biz that yesterday's sale of shares by senior execs was purely to do with timing due to last year's acquisition of rival retailer Gamestation, and that CEO Lisa Morgan is still dedicated to the business.

Morgan and deputy CEO David Thomas sold 1.3 million and 1 million shares, respectively, causing shares in the Group to fall 14.3 per cent to GBP 192 in yesterday's trading.

"It's a simple case of timing," said a spokesperson for the retailer. "We were in a close period for the majority of last year and we're about to enter another close period this Friday because of our results due in April."

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