16th Nov 2015 16:30
LONDON (Alliance News) - Novae Group PLC on Monday said Chief Underwriting Officer Robert Forster and his spouse sold 40,000 shares in the specialty insurer.
The share sale took place in two parts on Thursday last week. Novae said that 30,000 shares were sold at 864 pence, while the remaining 10,000 were sold at 863p.
Forster's remaining holding was not provided by Novae.
The underwriting boss has been with Novae since 1998 and has been in his current role since February.
Shares in Novae were up 0.2% at 851.000p near the close on Monday.
By Samuel Agini; [email protected]; @samuelagini
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