7th Oct 2014 08:53
LONDON (Alliance News) - S&U PLC Tuesday said Chairman Anthony Coombs sold 120,000 shares at a price of GBP19.20 per share on Monday, placing them with a small number of new and existing institutional shareholders in order to help expand the company's liquidity.
The deal is worth about GBP2.3 million gross.
Following this transaction, Coombs holds 1.3 million shares, which represents 11.3% of the total voting rights.
Shares in the motor finance company were up 0.1% at 1,923.00 pence Tuesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
S & U