11th Nov 2015 11:16
LONDON (Alliance News) - MySale Group PLC on Wednesday said that Chief Executive Carl Jackson has transferred his 3.7 million shares in the online retailer to a trust of which he, his wife and other family members are beneficiaries.
The shares, equivalent to a 2.5% stake in MySale, were transferred to The Jackson Family Trust on Wednesday.
Jackson Family Capital Pty Ltd, a company owned by Jackson and his wife, is the trustee of The Jackson Family Trust.
"The transfer has been made as part of Carl Jackson's planning of his financial affairs," MySale said in a statement.
Shares in MySale were untraded on Wednesday morning, having last traded at 53.875p.
By Samuel Agini; [email protected]; @samuelagini
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