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IN BRIEF: Vehicle of Alfa Financial Software chair and CEO trims stake

ALN

Alfa Financial Software Holdings PLC - London-based software developer for financial industry - CHP Software & Consulting Ltd sells 5.7 million shares at £1.59 each, worth £9.1 million, on Tuesday, reducing its stake to 64.5% from 66.0%. CHP is 92.4% owned by Alfa Chair Andrew Page and 7.6% by Alfa Chief Executive Officer Andrew Denton.

Current stock price: 162.03 pence, up 1.9% on Thursday in London

12-month change: down 17%

By Tom Waite, Alliance News editor

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