15th Mar 2016 11:09
LONDON (Alliance News) - Urban regeneration and strategic land company MJ Gleeson PLC on Tuesday said a fund to which Non-Executive Director Christopher Mills is a beneficiary has sold shares in the company.
MJ Gleeson said North Atlantic Smaller Companies Investment Trust PLC, part of Harwood Capital LLP, to which Mills is a beneficiary, sold 298,500 shares at an average of 565.00 pence per share. The total sale is worth around GBP1.7 million.
Following the sale, Mills has a total beneficial holding of 11.1 million shares in MJ Gleeson, or a stake of around 20%.
Shares in MJ Gleeson were up 0.5% to 579.75p on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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