Gateley staff reveal £6m share bonanza plans
Staff at law firm Gateley have sold shares worth £6m in response to "recent investor interest".
The unnamed directors and staff sold 4m shares at 150p on Friday.
The sale accounts for 3.6% of total share capital in the firm.
In a statement, Gateley said: "As a result of recent investor interest the partner group has agreed to sell some shares to partially meet such investor demand."
Gateley floated on the Alternative Investment Market in 2015, becoming the first law firm to go public.
At that point 70% of the company w... 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...
