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LONDON (Alliance News) - Frenkel Topping Group PLC said Chief Executive Officer Richard Fraser sold 454,544 shares at a price of 55 pence per share on Thursday.
Chief Investment Officer Jason Granite bought 227,272 of these shares and the remaining 227,272 shares were purchased by IPGL Limited.
Following the above transactions, Fraser holds in 3.9 milion shares, representing approximately 5.2% stake and Granite holds 10.2 million shares, or a 13.8% stake.
The stock was up 1.8% at 56.50p Thursday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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