Senior managers cash in on Future's rise
Senior managers and former employees of Future plc, one of the best performing companies on the London stockmarket, have sold £43.7m of stock in the company, via an accelerated bookbuild.
The placing consisted of a total of 3.12m shares in Future, a 3.2% stake, at an offer price of 1400p, a discount of 10.9% to the 1572p closing price of Future on Tuesday.Zillah Byng-Thorne, CEO of Future, and Penny Ladkin-Brand, the company’s CFO, Chief Financial Officer, ...
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