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Remgro CEO Durand sells R33.6M as vesting plan pays out
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Remgro CEO Durand sells R33.6M as vesting plan pays out
Jannie Durand, chief executive officer of Remgro, the investment vehicle controlled by billionaire Johann Rupert, led a round of executive share sales last week, selling R33.6 million worth of stock as part of a conditional share plan that paid out R52 million in total across five executives.The disclosure was made through the Johannesburg Stock Exchange's Stock Exchange News Service on April 10, after the market closed. The shares vested under …
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