Share sell off gives Watkin Jones family £70m pay day
A trust owned by the family behind listed developer and construction firm Watkin Jones and the company's chief finance officer have sold just under 20% of the company for more than £70m.
G&J Watkin Jones 1992 Settlement Trust, for which the trustees are Mark Watkin Jones, Glyn Watkin Jones and Jennifer Watkin Jones, and the company's CFO Philip Byrom have together sold a 19.7% stake in Watkin Jones Plc.
The trust sold 49.25 million shares at 140 pence a share, worth £68.95m, whilst Byrom sold 1 million shares, worth ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
