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Wed, 25th Jun 2014 12:52
LONDON (Alliance News) - Life insurer Hansard Global PLC Wednesday said Chairman Leonard Polonsky transferred 5 million shares at no cost as a gift to Marc Polonsky Tuesday.
Following this transaction, Leonard Polonsky holds 51.8 million shares, which represents a 37.70% stake in the firm.
Shares were down 0.7% at 94.38 pence Wednesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2014 Alliance News Limited. All Rights Reserved.
The Non-Executive Chairman and founder of Hansard Global, Dr Leonard Polonsky, has increased his stake in the specialist long-term savings provider with the purchase of two million shares. Taking his stake in the group to 41.34%, Polonsky spent 90p a share at a total trade value of £1.8m. The de
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