DIRECTOR DEALINGS: Vehicle Of Gear4music Non-Executive Sells Again

Fri, 16th Sep 2016 11:29

LONDON (Alliance News) - Gear4music (Holdings) PLC on Wednesday said Key Capital Partners Ltd, a vehicle connected to Non-Executive Director Peter Armitage, sold 240,000 shares at 210 pence each on Wednesday.

KCP also sold 1.8 million shares at 210 pence each on Monday.

After the sale KCP's interest in Gear4music is now in 2.8 million shares, representing approximately 14% of the issued share capital.

Shares in the online musical instruments and equipment retailer were down 3.8% at 222.60p Friday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Related Shares

More News

24 Apr 2024 13:52

Gear4Music set to meet annual expectations; reshuffles board

(Alliance News) - Gear4Music Holdings PLC on Wednesday said it is on track to meet its full-year revenue expectations and announced a board reshuffle....

24 Apr 2024 10:40

Gear4music trades in line, gross margins and profitability improves

(Sharecast News) - Music instruments retailer Gear4music said on Wednesday that its full-year performance was in line with market expectations, having...

18 Jan 2024 18:35

TRADING UPDATES: XP Factory revenue doubles; Zotefoams trades in line

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

14 Nov 2023 12:26

IN BRIEF: Gear4Music interim results hit by European revenue decline

Gear4Music Holdings PLC - York, England-based online retailer of musical instruments and equipment - Pretax loss widens to GBP1.9 million in the six m...

14 Nov 2023 12:06

Gear4music lowers revenue expectations as it focuses on profitability

(Sharecast News) - Musical instrument and equipment online retailer Gear4music reported a 6% fall in total revenues in its first half on Tuesday, to &...