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IN BRIEF: Juliana Conlon Sells 8% Stake In First Derivatives

12th Nov 2020 12:22

First Derivatives PLC - consulting and software company - Juliana Conlon sells 2.3 million shares in First Derivatives at price of 2,700 pence each. The placing of the 8.3% stake was conducted via an accelerated bookbuild through Goodbody Stockbrokers UC. Following the placing, Conlon will hold 4.1 million shares in the company, representing a 14.7% stake. First Derivatives will not receive any proceeds from the placing.

Brian Conlon founded First Derivatives in 1996 and was chief executive officer when he died of cancer in July 2019.

Current stock price: 2,760.00; stock closed at 2,700p on Wednesday

Year-to-date change: up 0.7%

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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