R&Q founders trim share holdings

Randall & Quilter (R&Q) co-founders Kenneth Randall and
Alan Quilter have sold a combined £7.4mn ($8.4mn) of the
company's shares in separate transactions.
In a regulatory announcement yesterday the firm said Randall
divested about 3.6 million shares worth £5.3mn, while Quilter
sold 1.4 million shares valued at £2.1mn.
Both transactions used a valuation of 147 pence per share. The
sales leave the company's founders with stakes of 14.3 percent
and 3.7 percent, respective