MRP Shareholder Notice Neutral
MR PRICE GROUP LIMITED - Dealings in securities and disclosure of significant holding of the company?s ordinary shares
Mr Price Group Limited
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What this filing means
Mr Price Group disclosed a routine reduction in Norges Bank's shareholding to 4.05% alongside the sale of R24 million in vested shares by a company director.
Bull case
- Director Mark Blair retained 30,000 shares following the off-market delivery of his vested Forfeitable Share Plan award.
- Norges Bank maintains a significant institutional position in the company, with a remaining interest of 4.05% of the ordinary issued shares.
Bear case
- Director Mark Blair executed a substantial on-market sale of 141,000 vested shares, liquidating approximately R24 million.
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