30th Jan 2019 17:15
LONDON (Alliance News) - Softcat PLC on Wednesday said that Chair Martin Hellawell sold a total of 3.2 million shares at a price of 665 pence per share on Monday, for GBP21.3 million.
Martin Hellawell himself sold 1.8 million shares for a total of GBP11.7 million.
His spouse Mandy Hellawell sold 605,333 shares for a total of GBP4.0 million.
The Highgate Family Trust, in which the Hellawells hold interests in disposed of 848,451 shares in a deal worth GBP5.6 million.
Following these transactions, the Hellawells now holds 6.7 million shares in total, reflecting a 3.4% stake in the company.
Shares in the FTSE 250-listed IT firm closed 0.3% higher at 669.00 pence on Wednesday.
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