Co-op Bank CEO Muriuki sells Sh160 million shares

Co-op Bank chief executive Gideon Muriuki. FILE PHOTO | NMG

Co-op Bank #ticker:COOP chief executive Gideon Muriuki sold 14.7 million shares of the lender with a current market value of Sh160 million in the five months ended May, according to regulatory filings.

He has been selling and buying the bank’s shares over the years in transactions that have seen his stake oscillate between 1.7 per cent and two per cent.

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