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IN BRIEF: Ascential outgoing CEO Duncan Painter sells 300,000 shares

ALN

Ascential PLC - London-based business-to-business media and events - Chief Executive Officer Duncan Painter sells 300,000 shares at £2.80, worth £840,000, on Friday last week. As part of Ascential’s disposal of its digital commerce business to Omnicom Group Inc, announced in October, Painter will join Omnicom to be CEO of Flywheel Digital, a new practice area within the business. At Ascential, Philip Thomas, CEO of Ascential Intelligence & Events, will become group CEO.

Current stock price: 276.80p, down 1.6% in London on Monday

12-month change: up 31%

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