14th Feb 2020 16:16
(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Friday Adeem Automotive Manufacturing Co Ltd transferred to ultimate beneficial owners GBP46.5 million in shares, meanwhile Venus Holdings Ltd received GBP3.2 million in shares.
The company said Adeem Automotive Manufacturing Co, closely associated with Non-Executive Director Mahmoud Samy Mohamed Aly Elsayed, transferred 11.6 million shares "to ultimate beneficial owners," at a price of GBP4.03 each, totalling GBP46.5 million.
Meanwhile Venus Holdings Ltd, an entity closely associated with non-executive director Amr Ali Abdallah Abouelseoud, received 789,596 shares from parties within the Adeen/PW Shareholding Group at GBP4.00 each, worth GBP3.5 million.
Aston Martin Lagonda Global Holdings shares were trading 3.4% lower at 425.30 pence each on Friday.
By Loreta Juodagalvyte; [email protected]
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