Murtagh sells €40m of shares in Kingspan
Kingspan chairman Eugene Murtagh has sold €40m of shares in the insulation maker.
Mr Murtagh, who built the business into a world leader, is still the biggest shareholder in the company with a stake of more than 15.5pc.
According to a stock market filing he sold one million Kingspan shares at €40 each on Tuesday.
A spokesperson declined to comment on the reason for the transaction.
In March 2017 he sold the same number of shares at €30 each.
He is the father of the current chief executive Gene Murtagh, who netted around €3.4m from selling shares in the business last week.