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Micro Focus chairman nets £11.6m after selling half his shares for 'personal reasons'

Micro Focus chairman nets £11.6m after selling half his shares for 'personal reasons'

The Telegraph - By Hannah Boland

The executive chairman of Britain's second largest listed technology company Micro Focus has pocketed almost £12m after slashing his stake in the business by half for "personal financial reasons". Kevin Loosemore, who has held the chairman post since 2011, sold 650,000 Micro Focus shares in two …

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