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."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Opinion: Big Food needs to think radically
- Nestle Q1 update: four things to learn
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Glanbia signs deal on Dairy Ireland stake sale
- Dole Food Co. files to go public again
- 2 Sisters' chief Boparan invests in UK's Crawshaw