Melrose CEO Simon Peckham sells 2m shares
Melrose Industries
641.40p
16:34 29/04/24
0.16%
1.00p
Melrose Industries slumped on Thursday after chief executive officer Simon Peckham sold 2m shares in the company - half his shareholding - at 524.5p "as a result of a change in personal circumstances".
FTSE 100
8,147.03
16:54 29/04/24
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FTSE 350
4,481.53
16:44 29/04/24
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FTSE All-Share
4,435.18
16:59 29/04/24
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General Industrials
6,927.41
16:44 29/04/24
1.19%
81.26
Peckham still holds just over 2m shares, or a 0.2% interest, and "has no current intention to sell any further shares", Melrose said.
At 0835 BST, the shares were down 2.9% at 509.40p.