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 16 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
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- ABF on Brexit, M&A and grocery - interview
- How Tyson's new CEO plans to grow the meat group
- Nestle unveils process to cut sugar by 40%
- Japan's Nagatanien buys Chaucer Food Group
- General Mills jobs to go in business revamp
- B&G acquires pasta sauce group Victoria Fine Foods
- Unilever focuses on "value" of spreads arm