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IN BRIEF: Goodwin family sells 1.6% stake in £26 million placing

ALN

Goodwin PLC - Stoke-on-Trent, Staffordshire-based mechanical and refractory engineering - The Goodwin family sell 122,368 shares in Goodwin, a 1.6% stake. The placing with institutional investors is conducted by Rothschild & Co Redburn, which doesn’t provide the sale price. The sale is worth £26.4 million at the current market price for Goodwin shares. The Goodwin family have agreed to not sell more shares for another half year. Timothy Goodwin is executive chair of Goodwin, and Simon, Matthew and Bernard Goodwin are executive directors.

Current stock price: 21,600.00 pence, down 3.6% in London on Friday

12-month change: up from 6,500.00p

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