IN BRIEF: Ascential outgoing CEO Duncan Painter sells 300,000 shares

Mon, 27th Nov 2023 13:08

Ascential PLC - London-based business-to-business media and events - Chief Executive Officer Duncan Painter sells 300,000 shares at GBP2.80, worth GBP840,000, on Friday last week. As part of Ascential's disposal of its digital commerce business to Omnicom Group Inc, announced in October, Painter will join Omnicom to be CEO of Flywheel Digital, a new practice area within the business. At Ascential, Philip Thomas, CEO of Ascential Intelligence & Events, will become group CEO.

Current stock price: 276.80p, down 1.6% in London on Monday

12-month change: up 31%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

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