9th Oct 2013 11:03
LONDON (Alliance News) - blur Group PLC said that Chief Executive Officer Philip Letts sold 900,000 shares Wednesday at a price of 400 pence per share, while non-executive director Richard Bourne-Arton sold 95,000 shares at the same price.
Together, the disposals represent 3.4% of the technology company.
Following the sale, Letts still owns a 47.58% stake with 14.1 million shares.
Bourne-Arton now holds 379,975 shares, representing a 1.28% interest.
Shares in blur were down 7.0% Wednesday midday, trading at 429.33 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
Copyright 2013 Alliance News Limited. All Rights Reserved.
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