5th Jun 2014 16:38
LONDON (Alliance News) - Redefine International PLC Thursday said Chief Executive Officer Michael Watters transferred his indirect beneficial interest of 6.5 million shares to a pension fund structure in which he is a beneficiary Wednesday.
Watters also sold 350,000 shares at 57.15 pence to create liquidity in the pension fund structure for future investments. His resulting indirect beneficial interest is 6.2 million shares, representing approximately 0.48% of the issued share capital.
Shares closed down 0.3% at 56.75 pence Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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