24th Oct 2013 11:48
LONDON (Alliance News) - YouGov PLC, said Chief Executive Officer Stephan Shakespeare sold 3,350,000 shares at 76.5 pence each Thursday.
The sale was made in order to finance the repayment in full of a personal loan which had been previously secured against Shakespeare's shareholding in YouGov.
Following the sale, Shakespeare has an interest in 5,719,110 shares equating to 5.9% of the issued capital of the company, he has also undertaken not to sell anymore shares before at least 2015.
Shares in the UK-based market research agency were flat at 76.50 pence Thursday midday.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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