Melrose CEO Simon Peckham sells 2m shares
Melrose Industries
484.70p
15:45 15/11/24
-3.56%
-17.90p
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
8,060.61
15:45 15/11/24
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FTSE 350
4,453.56
15:45 15/11/24
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FTSE All-Share
4,411.85
15:45 15/11/24
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General Industrials
7,617.25
15:44 15/11/24
0.41%
31.16
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.