The boss of ZPG’s price comparison business Steve Weller has sold shares worth £2.4m.
Weller, who is managing director of the firm’s Uswitch and Money, sold 500,138 shares at 488.15p each towards the end of last week. Shares in ZPG closed at 488.40 pence yesterday.
Last month ZPG accepted a 490p per share cash takeover offer from Silver Lake Management.
The deal, which is thought highly like to win shareholder approval and to go through, values ZPG at £2.2bn.