(Alliance News) - AFH Financial Group PLC said Friday that Chief Executive Officer Alan Hudson sold shares in the company.
Hudson sold 600,000 shares at a price of 383 pence each, representing 1.4% of the company, for tax planning purposes.
The company said Hudson will continue to hold 5.9 million shares, representing 14% of the issued share capital of the company.
Hudson confirmed he has no plans to sell any further shares for 12 months.
AFH Financial shares closed 0.5% higher in London at 386.00 pence each on Friday.
By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com
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