Director dealings: Billington Holdings' Ospelt lowers stake via Gutenga Investments
Billington Holdings revealed on Wednesday that Gutenga Investments, a company connected to non-executive director Alexander Ospelt, had offloaded 50,000 ordinary shares in the AIM-listed construction firm.
Ospelt, who was appointed to Billington's board back in January 2013, sold the shares on Tuesday at an average price of 347.0p each, for a total value of £173,500.
Gutenga Investments now holds 5.81m ordinary shares in the company, representing 45% of the total number of Billington's issued shares.
As of 1630 GMT, Billington shares were up 1.17% at 389.50p.
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Billington Holdings (BILN)
Director name: Ospelt ,Alexander
Amount sold: 50,000 @ 347.00p
Value: £173,500.00