6th Sep 2013 07:04
LONDON (Alliance News) - Staffline Group PLC said Friday that Chief Executive Andy Hogarth sold 600,000 shares at a price of 540 pence per shares on Thursday "in response to institutional demand".
Following the sale Hogarth will continue to own 5.8% of the recruitment firm.
The shares were placed with institutional investors by Staffline broker Liberum Capital Limited.
Staffline shares were quoted at the open Friday at 565.00 pence, up 10.00p or 1.8%.
By Tom Waite; [email protected]; @thomaslwaite
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