Listed enterprise software business TechnologyOne’s founder Adrian Di Marco sold 3 million shares in the business, in an after-market trade handled by stockbroker Wilsons.
The trade was done $13.50 a share, bringing Di Marco’s pre-Christmas haul to $40.5 million.
Di Marco founded the business in 1987. He stepped down as the CEO in 2018 and as the chair at end of the 2022 financial year. He has faced a bullying lawsuit from a former employee.co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sandon’s Kiwi investment Dawney lobs bid for ASX-listed ICSGlobalNZX-listed investment company Dawney & Co is getting ready to lob a bid for ASX-listed peer ICSGlobal, which has been suspended from trading for more than 1½ years.
Read more »
‘Tired old commercial sites’: More than 70 hectares set for urban renewalLord Mayor Adrian Schrinner believes 14 newly selected Suburban Renewal Precincts will help transform Brisbane.
Read more »
Tyro Payments suitor Potentia Capital ups bid to $1.60 a shareNitro Software is not the only listed tech target that Potentia Capital is gunning hard at.
Read more »
Tyro Payments suitor Potentia Capital ups bid to $1.60 a shareNitro Software is not the only listed tech target that Potentia Capital is gunning hard at.
Read more »
Two options being considered for future Brisbane Metro link to airportTwo options are being examined to extend the $1.4 billion Brisbane Metro rapid bus network to the airport ahead of the 2032 Olympics.
Read more »
Rothschild tows Ontario Teachers’ Busy Bees into Mayfield ChildcareOntario Teachers’ Pension Plan-backed early childhood education provider Busy Bees has found another local target it likes, the ASX-listed Mayfield Childcare Limited.
Read more »