Manolete Partners share rise leaves NAV discount wide after CEO option sale
Manolete Partners Plc rose on Tuesday after a same-day director dealing notice showed Chief Executive Mena Halton sold shares to cover costs tied to an option exercise, a transaction that looked large against daily volume but small against the new share count. Hargreaves Lansdown showed Manolete’s sell/buy quote at 38p/41p after the London close, up 3p, or 8%, with volume of 206,574 shares and a market value of £17.74 million. The FTSE AIM All-Share was up 0.27% near the close, Google Finance data showed.