Sagicor Group is reporting that one of its senior managers cashed in more than $16 million dollars of its shares on Tuesday. The indication came in a release to the Jamaica Stock Exchange on Wednesday.
The senior manager sold more than 1.8 million shares under the SGJ Executive Long Term Incentive Scheme plan.
The shares were transacted at a price of $8.89 each.
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Major sale of Sagicor shares by one senior manager
