LONDON (Alliance News) - Blue Prism Group PLC said Friday Chief Executive Officer Alastair Bathgate sold shares worth GBP7.6 million in the robotics firm in a transaction on Thursday.
Bathgate - who co-founded the firm in 2001 - sold 410,000 shares at 1,844 pence each. Shares in Blue Prism were 0.2% lower at 1,827.96 pence on Friday.
After the transaction, Bathgate still holds 4.7 million shares or a 7.0% stake in Blue Prism. The firm added Bathgate had no "current intention" to sell more shares.
Earlier in July, several other executives sold shares in the firm. Chief Technology Officer David Moss and Sales Director Martin Flood both sold 100,000 shares each. Chief Evangelist Patrick Geary sold 50,000 shares and Chairman James Kingdon sold 500,000 shares.
