Directors Deals 

Micro Focus chairman banks £11.6m

Micro Focus chairman banks £11.6m

Micro Focus’s (MCRO) executive chairman, Kevin Loosemore, has offloaded half his stake in the software group in two tranches, on 10 and 11 July, netting £11.6m. News of the disposal – made for personal financial reasons – triggered a 6 per cent markdown in the shares, which had already declined since the previous week’s half-year results.  

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