Phoenix Spree Deutschland Former Advisor Sells 2.2 Million Shares (ALLISS)

LONDON (Alliance News) - Phoenix Spree Deutschland Ltd said Tuesday that former property advisor ...

Alliance News 12 February, 2019 | 4:50PM
Email Form

LONDON (Alliance News) - Phoenix Spree Deutschland Ltd said Tuesday that former property advisor PMM Partners (UK) Ltd and its principals sold 2.2 million shares.

PMM sold the shares at 350.00 pence each for GBP7.8 million.

The sale of the shares was made to cover tax liabilities arising from a performance fee, Phoenix Spree said.

Phoenix Spree shares closed down 0.3% at 354.00p each on Tuesday.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Phoenix Spree Deutschland Ord 354.00 GBX 0.00 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.