3rd Jun 2020 18:42
(Alliance News) - Manchester & London Investment Trust PLC said Wednesday its investment manager sold 50,000 shares in the trust.
Mark Sheppard sold the shares for a total of GBP309,125 - selling 25,000 for GBP6.18 and another 25,000 for GBP6.19.
Shares in the trust closed 1.1% higher in London on Wednesday at 622.00 pence each.
Sheppard's holding in Manchester & London following the sale was not reported.
In May alone, he sold a total of 537,770 shares across six transactions, netting about GBP3.2 million.
By Paul McGowan; [email protected]
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