Playtech founder Teddy Sagi has sold off another major chunk of his holdings in the gambling technology firm.

On Tuesday, Sagi sold shares equating to 11.5% of the UK-listed Playtech, raising roughly £340m in the process. The sale of the 36.5m shares came after the stock hit an all-time high of £10.15 on Friday. Playtech shares fell 3.1% following Sagi’s selloff, closing at £9.62 on Tuesday.

It’s the third major Sagi selloff since last November, which has boosted his cash pile by £782m while reducing his stake in the company from 33.6% to just 6.3% as of Tuesday.

Sagi’s investment vehicle Brickington Trading Ltd has promised not to sell any further Playtech shares for at least 180 days but, given the hectic pace of Sagi’s divestment, one should likely expect another major share sale within hours of that lockup’s expiry.