14th May 2014 16:37
LONDON (Alliance News) - ICAP PLC said Wednesday that Chief Executive Michael Spencer bought 47,343 shares at 388.9 pence each.
Finance Director Ian Torrens bought 67,633 shares at the same price.
Executive Director of the company's Americas operations John Nixon bought 89,227 shares at the same price and was additionally transferred 476,852 shares at the no cost. Subsequently he sold 476,852 shares at an average price of 388.1654 per share.
Following this transaction Spencer has an interest 16.89%, Torrens holds a total shareholding of 0.076%, and Nixon has a 0.046% interest in the company.
Shares in ICAP closed down 0.4% at 389.50 pence Wednesday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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