PM Capital Global Opportunities Fund (ASX:PGF) has disclosed that entities associated with Chief Investment Officer Paul Moore sold 23 million shares via a block trade on Monday at AU$2.62 per share, according to a Tuesday filing with the Australian bourse.
The sale was prompted by high demand from leading national stockbroking and wealth advisory firms, the filing said.
Despite the sale, entities linked to Paul Moore remain the company's largest individual investors, the filing added.
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