UK: Iceland's Walker sells off 4m personal shares to generate £13.6m
Malcolm Walker has generated around £13.6m from the sale of four million of his personal shares in UK frozen food retailer Iceland . The co-founder and executive chairman of the group revealed that he still controls 0.48% of the company in the shape of 1.65m shares. His shares sold at 339.13p each before the share price slipped yesterday (20 December) to 325.5p. Responding to speculation that his action revealed a loss in interest in Iceland, Walker commented: "If I didn't have faith in the company, I'd have sold the lot."
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