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(Sharecast News) - Ascential revealed on Friday that chief financial officer Mandy Gradden had disposed of 850,000 ordinary shares in the FTSE 250-listed business-to-business media group.
Gradden, who joined the company as CFO in January 2013, sold the shares on Thursday at an average price of 288.0p each, for a total value of £2.44m.
Following the transaction, Gradden has a remaining shareholding of 424,962 ordinary Ascential shares, in addition to share awards over 1.2m shares under the company's share plans.
As of 1600 GMT, Ascential shares were up 0.62% at 294.0p.
Reporting by Iain Gilbert at Sharecast.com
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