Panther Securities (GB:PNS) has released an update.
Panther Securities PLC announced that Executive Chairman Andrew Perloff sold 300,000 shares at 329.9 pence each, transferring them to Portnard Limited at 330 pence per share. This transaction, which was waived from requiring a mandatory offer by the City Code on Takeovers and Mergers, leaves Perloff with 21.30% and Portnard with 49.91% of the company’s voting rights. The move marks a strategic repositioning within the company’s shareholding structure.
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