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Summerset director sells $1.6m of his company shares

Why did James Ogden sell down?

Summerset director James Ogden has sold down his stake in the company, which he said was to free up capital to use elsewhere.

A notice to the NZX this morning showed Ogden sold 150,000 shares for $1.6 million in an on-market trade on November 10.

Ogden told NBR he still retained about $3m

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Calida Stuart-Menteath Tue, 17 Nov 2020
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Summerset director sells $1.6m of his company shares
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