28th Apr 2014 12:54
LONDON (Alliance News) - 4imprint Group PLC Monday said Executive Directors John Poulter, Gillian Davies, Kevin Lyons-Tarr and Andrew Scull and one unnamed senior employee intend to sell up to 1.0 million shares in the company in total.
The printed products firm said two thirds of the shares being sold are to meet tax liabilities.
The placing is being offered by way of an accelerated bookbuild which will be launched immediately. The pricing and allocations are expected to be announced as soon as practicable thereafter, 4imprint said.
Espirito Santo Investment Bank will act as bookrunner.
The stock was trading 638.00 pence Monday afternoon, down 9.50 pence or 1.5%.
By Anthony Tshibangu; [email protected];
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