Scangroup CEO Thakrar earns Sh143m in stake sale
Marketing and communication services firm WPP Scangroup chief executive Bharat Thakrar has sold 6.5 million shares of the Nairobi Securities Exchange listed company, worth an estimated Sh143 million.
The share sale has seen his stake in the company firm drop to 11.96 per cent in the year ended December from 13.68 per cent the year before, as per the company’s latest annual report.
Mr Thakrar confirmed the trades, but declined to comment further on the transaction.
His ownership has declined from a high of 28.35 per cent in 2007.......

Mr Andrew White –a co-founder and former director of the company— also sold 3.7 milion shares worth Sh82.9 million over the same period Mr Thakrar was executing his trades.
Mr White’s interest in Scangroup consequently fell to a new low of 1.28 per cent from 2.27 per cent in 2015

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