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UPDATE: Former Belvoir Chair Sells GBP3.0 Million In Stock

Fri, 11th Sep 2020 11:58

(Alliance News) - Belvoir Group PLC said Friday that former chair Mike Goddard has sold GBP3.0 million in shares through an accelerated bookbuild.

Goddard has sold 2.0 million shares at a price of 150 pence per share. The shares sold reflects a 5.7% interest in Belvoir's issued share capital. finnCap acted as sole bookrunner for the placing.

Shares in the property franchise group were down 7.8% at 150.00 pence on Friday in London.

Goddard now holds 203,862 shares in Belvoir altogether.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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