19th Feb 2014 11:31
LONDON (Alliance News) - Versarien PLC Wednesday said former Chairman Jim Murray-Smith sold 14 million shares Monday.
Following this transaction, Murray-Smith now holds 1 million shares, representing 1.2% of the issued share capital and thus no longer holds a notifiable interest in Versarien. The deal means he is no longer the second biggest shareholder in the firm.
Shares in Versarien were trading up 7.8% at 27.20 pence making the advanced engineering materials group one of the biggest risers on the AIM-All Share Market Wednesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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