Ebos directors Kraus, Wallace sell down stake, ending 20-year run of substantial holding

Wed, 28 Oct 2015

By Suze Metherell Oct. 29 (BusinessDesk) - Barry Wallace and Peter Kraus, directors in Ebos Group, have reduced their stake in the animal and healthcare products company as the share price trades near record highs. Wallace and Kraus sold 4.5 million shares for a total $66.5 million, reducing their collective stake below the 5 percent threshold deemed a substantial shareholder, according to a notice lodged with the NZX. Their Whyte Adder No. 3 investment vehicle reduced its stake to 2.38 percent from 4.63 percent, and their Herpa Properti...

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