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Alpha Group International PLC - London-based investor - Founder & Chief Executive Officer Morgan Tillbrook sells 789,476 shares at a price of GBP19.00 each via a secondary placing, worth GBP15.0.
The FTSE 100 closed Friday up 0.08%, closing out both the week and the quarter on a positive note. The index enjoyed a positive quarter overall, helped by solid gains for the likes of Rolls-Royce,.
By Joe Hoppe Alpha Group International said that Chief Executive Officer Morgan Tillbrook will sell around 14 million pounds ($17 million) of ordinary shares.
Alpha Group International PLC on Tuesday said it agreed to buy a stake of around 85% in Amsterdam-based multibank connectivity platform Financial Transaction Services BV, which trades under the name.