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Director dealings: Root Capital lowers stake in Keystone Law

Thu, 03rd Oct 2019 15:43

(Sharecast News) - Keystone Law revealed on Thursday that Root Capital Fund II, a trust in which non-executive director Simon Philips had an interest, had offloaded 1.1m ordinary shares in the AIM-listed group.
Root Capital sold the shares on Wednesday at an average price of 475p each, for a total transaction value of £5.22m.

The trust, which was left holding a stake of 1.05m ordinary shares in Keystone, agreed not to sell any further shares until the publication of the company's preliminary results for the year ending 31 January 2020.

As of 1640 BST, Keystone shares had slipped 3.75% to 487.80p.

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Top Director Sells

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