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CAYTue, 30th Aug 2016 11:57
LONDON (Alliance News) - Charles Stanley Group PLC Tuesday said Michael Lilwall, a director, sold a total of 110,322 shares at a price of 317 pence per share on Friday.
The deal is worth around GBP350,000 before expenses.
Shares in the investment management company were up 1.2% at 323.00p Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
(ShareCast News) - Investment group Charles Stanley has completed the sale of its broking division to Panmure Gordon for an undisclosed amount. Negotiations for the sale of Charles Stanley Securities lasted just over two months, the London-listed company said, adding the divestment was in line with
Read moreBroker Charles Stanley swung to a full-year pre-tax loss following a year of substantial changes at the company. For the period ended 31 March 2015, it posted a pre-tax loss of £6.1m, compared with a profit of £6.1m in 2014, as revenue rose 1% to £149.7m from £149m. The dividend per share fell to 5
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