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DIRECTOR DEALINGS: Gear4music Non-Exec Sells GBP3.7 Million In Shares

14th Sep 2016 11:07

LONDON (Alliance News) - Gear4music (Holdings) PLC on Wednesday said a vehicle connected to Non-Executive Director Peter Armitage sold about GBP3.7 million worth of stock in the online musical instruments and equipment retailer.

Key Capital Partners Ltd sold 1.8 million shares at 210 pence each on Monday.

After the sale KCP's interest in Gear4music is now in 3.1 million shares, representing approximately 15.2% of the issued share capital.

The stock was down 3.2% at 230.00p Wednesday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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