Itatile director sells shares for R15.2m

Italtile (ITE) nonexecutive director Alessia Zannoni sold R15.2m worth of shares last Friday, a director's dealing statement from the building materials retailer showed on Monday. She sold 1.3-million Italtile shares for R11.69 each.

Other directors dealings on Monday showed Grand Parade Investments (GPL) director Alex Abercrombie exercised R1.7m worth of options and Metrofile (MFL) CEO Graham Wackrill sold R983,203 worth of shares.

Source: AFP via I-NET Bridge