IN BRIEF: JTC CFO sells 100,000 shares for ‘private residence’ work

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

JTC PLC - Jersey-based institutional and private client service provider - Chief Financial Officer Martin Fotheringham sells 100,000 shares at average 750.50 pence, worth £750,500, on Friday last week. JTC says sale is to meet costs associated with extension and redevelopment of ‘a private residence for Mr Fotheringham and his family’. Adds that Fotheringham ‘remains fully committed to the business’. Retains 738,931 shares, a 0.4% stake.

Current stock price: 756.00 pence, down 0.5% in London early on Monday

12-month change: up 6.8%

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