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(Correcting that the share sales were by four directors and their partners.)
Colefax Group PLC - London-based designer and distributor of furnishing fabrics and wallpapers - Four directors and their partners, including Chair & Chief Executive David Green, sell a total of 217,742 shares at 700 pence each, worth £1.5 million, on Friday as part of the company’s tender offer. Colefax purchases 1.0 million shares in total under the tender offer, which it launched at the start of the month, spending £7.1 million in total. The offer is for up to 14% of the company’s share capital, and repurchased shares will be cancelled. Green sells 183,873.
Current stock price: 733.00 pence
12-month change: down 4.2%
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