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Wise Plc co-founder sells shares at discounted prices, shares fall

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(Reuters)-Co-founder Taavet Hinrikus said WisePlc’s share price was 815 pence, and the lead manager of the placement said on Friday that it marked a 4% discount from the closing price of a UK company in the previous session. ..

According to Bookrunner, Hinriks has sold about 10 million Class A shares of the company, which specializes in cross-border remittances.

Mr. Wise, whose shares fell by about 5% in early Friday trading, said yesterday that Hinriks private investment firm OÜ Notorious holds 54 million Class B shares.

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Wise Plc co-founder sells shares at discounted prices, shares fall

Source link Wise Plc co-founder sells shares at discounted prices, shares fall

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