9th May 2018 10:42
(Correcting the headline to state the shares were purchased by Novo Holdings and not by its Chief Executive Kasim Kutay)
LONDON (Alliance News) - ConvaTec Group PLC said Tuesday that Novo Holdings A/S purchased six million shares in the medical company.
Kasim Kutay is a non-executive director at ConvaTec and chief executive of Novo Holdings.
Novo Holdings purchased six million shares at an average price of GBP2.2 per share for a total of GBP13.4 million.
Shares in ConvaTec were trading flat Wednesday at 229.00 pence each.
Related Shares:
ConvaTec