3 Jul 2012

Former NZX head sells shares for $12.5 million

7:29 pm on 3 July 2012

Former NZX chief executive Mark Weldon has pocketed $12.5 million after selling a packet of shares in the stock market company.

Mr Weldon sold 9.5 million shares, or 3.7% of the company, for $12.5 million, equating to an average sale price of $1.31 per share, in a transaction that took place last week.

NZX shares were at $1.36 on Tuesday.