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IN BRIEF: Skillcast management sell stock to new investor

ALN

Skillcast Group PLC - London-based digital compliance content and technology provider - Company executives sell shares in Skillcast to ‘facilitate the introduction of a new high-quality institutional investor onto the register, who was unable to establish a meaningful position through the market due to limited liquidity.’ Chief Executive Vivek Dodd sells 1.8 million shares, Chief Technology Officer Anthony Miller offloads 500,000 shares and Chief Commercial Officer Catriona Razic disposes of 200,000 shares. No price details are disclosed. Dodd now holds 57% stake, Miller 7.4% and Razic 5.3%. All three have entered into a 12-month lock-in agreement not to dispose of further ordinary shares without the prior written consent of Cavendish Capital Markets Ltd.

Current stock price: 46.00 pence

12-month change: up 2.2%

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