17th Nov 2016 11:18
LONDON (Alliance News) - Accident management, vehicle fleet and legal services company Redde PLC on Thursday said its chief executive and chief financial officer sold a total of GBP10.2 million worth of shares in the company on Wednesday.
Chief Executive Martin Ward sold 4.0 million shares at 170.00 pence per share, a transaction worth GBP6.8 million in total. His holding after the sale was not disclosed.
Chief Financial Officer Stephen Oakley, meanwhile, sold 2.0 million shares at the same price, raising GBP3.4 million. His holding after the sale also was not disclosed.
Redde shares were down 1.3% to 166.25 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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