Melrose CEO Simon Peckham sells 2m shares
Melrose Industries
551.40p
12:54 24/12/24
1.70%
9.20p
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
8,136.99
12:59 24/12/24
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FTSE 350
4,491.87
12:54 24/12/24
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FTSE All-Share
4,449.61
13:14 24/12/24
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General Industrials
7,472.48
12:54 24/12/24
0.58%
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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.