24th Sep 2018 13:36
LONDON (Alliance News) - BCA Marketplace PLC said that Chief Executive Officer Avril Palmer-Baunack sold 5.0 million shares at an average price of 212.51 pence per share on Thursday and Friday last week to institutional funds.
For a total of GBP10.7 million, 5.0 million shares were sold on Thursday, while 25,000 shares were sold on Friday.
Following this transaction, Palmer-Baunack now holds 8.8 million shares in total, reflecting a 1.1% stake in the company. Palmer-Baunack said she has no intention to sell any more shares in BCA Marketplace.
Shares in the FTSE 250-listed vehicle marketplace were up 0.6% at 215.30 pence on Monday.
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