Director dealings: Churchill China director lower stake ahead of retirement
Churchill China revealed on Monday that non-executive director Andrew Roper had sold 259,000 ordinary shares in the British pottery manufacturer.
Churchill China
1,210.00p
16:55 18/04/24
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Roper, who will retire from the group after 46 years of service in August 2020, offloaded the shares on Friday at an average price of 1,560p each, for a total value of £4.04m.
Following the sale, Roper's total shareholding in Churchill was 378,430 ordinary shares, representing approximately 3.4% of the company's voting share capital.
Churchill said the transaction was to satisfy Roper's long-term personal financial planning considerations in advance of his retirement.
As of 1630 BST, Churchill shares had dipped 0.75% to 1,582.99p.
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