(Sharecast News) - Micro Focus slumped on Monday as it emerged that chairman Kevin Loosemore sold 650,000 shares in the business last week, pocketing £11.6m.
Loosemore sold 214,658 shares in the software company last Wednesday at 1,861p peach. The day after, he sold a further 435,342 shares at 1,736p each.
At 0955 BST, the stock was down 5% at 1,676.20p.
16 Jul 2021 08:07
Micro Focus settles patent dispute with Wapp Tech
(Sharecast News) - Software and information technology Micro Focus has settled its ongoing patent dispute with Wapp Tech to the tune of $67.5m.
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