Icap’s Spencer Sells 1.5 Million Shares at 485 Pence a Share

Icap Plc (IAP) Chief Executive Officer Michael Spencer sold 1.5 million of the company’s shares in his own name, Icap said in a statement today. The shares, representing 0.23 percent of the total voting rights of the company, were sold at an average price of 485 pence a share, the company said.

To contact the reporter on this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.