Latitude Group Holdings (ASX:LFS) said its Chief Executive Officer, Robert Belan, anticipates selling up to 900,000 shares in the company from April 28 until May 30, according to a Monday Australian bourse filing.
After the sale, he will retain at least about eight million shares in the company as he is required to maintain seven million shares as part of his employment agreement for five years from the date he assumed the role on April 1, 2023, per the filing.