Plexus directors offload via placing

Robert Adair, Chairman of Plexus Holdings, is retiring from the board at the end of June, and has sold his entire shareholding in the company.

Robert Adair, Chairman of Plexus Holdings, is retiring from the board at the end of June, and has sold his entire shareholding in the company.

Adair's holding of 3.5m shares, worth just over £3m at today's prices, has been sold in conjunction with a placing by the company of 2.56m shares at 78p each, from which the oil and gas engineering firm will pocket around £2m.

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