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(Sharecast News) - Angling Direct revealed on Monday that chairman Martyn Page had disposed of 400,000 ordinary shares in the AIM-listed fishing tackle and equipment retailer.
Page, who founded Angling Direct in 1986, sold the shares on Friday at an average price of 38.0p each, for a total value of 152,000.
Following the sale, Page holds a beneficial interest in 10.61m ordinary Angling Direct shares, representing approximately 14.2% of the company's issued share capital.
As of 1620 GMT, Angling Direct shares were down 0.34% at 38.37p.
Reporting by Iain Gilbert at Sharecast.com
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