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.
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