CentralNic Group PLC - London-based internet services holding company that develops and manages online marketplaces - Erin Invest & Finance Ltd sells 1.8 million shares at a price of GBP1.20 each, worth GBP2.2 million, in London on Thursday. Following the sale, Erin Invest & Finance is now interested in 13.9 million shares, a 4.84% stake. Erin Invest & Finance says the sale is to fund Erin's investment opportunities.
Non-Executive Director Samuel Dayani has a beneficial interest in Erin Invest & Finance.
"Erin Invest & Finance considers itself a long-term holder in CentralNic and has notified the company that it has no intent to sell any further shares in the foreseeable future," CentralNic says.
Current stock price: 123.84 pence
12-month change: up 4.1%
By Sophie Rose, Alliance News reporter
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