CORRECT: F&P Healthcare's Gradon sells almost one third of his shares, raising $3.1M to buy house

Tue, 18 Jul 2017

(Corrects to show Gradon also held shares in his own name) July 18 (BusinessDesk) - Fisher & Paykel Healthcare managing director Lewis Gradon sold almost one third of his shares in the medical device maker, raising about $3.1 million to help buy a house. Gradon sold 280,000 shares at $11.24 apiece yesterday, "to facilitate a house purchase," according to a disclosure notice sent to the NZX. The shares are held through Gradon Family Trust No. 1. He also holds 287,000 share options, 80,000 performance share rights, and 268,462 shares in his...

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