Energy One (ASX:EOL) founder and Director Ian Ferrier, who in August assured he would not sell any shares over the next 12 months, now plans to sell around 315,000 shares to fund a home purchase, according to a Monday filing with the Australian bourse.
He does not currently plan to sell any of his remaining 5 million shares in the company, the filing added.
The company's shares fell around 4% in recent Monday trade.