Alliance Pharma plc (LON:APH) chief executive John Dawson has trimmed his holding in the specialty pharmaceutical firm after selling 3mln shares.
Dawson sold the shares at a price of 45.25p per share, slightly lower than today’s opening price, netting him around £1.35mln.
Dawson still owns more than 56mln shares in the business, representing around 12% of the company’s issued share capital.
Shares were down 2% to 45p.