It was reported on June 29 that according to documents disclosed by the US Securities and Exchange Commission (SEC) on June 28,$Babylon Holdings (BBLN.US)$Shareholder VNV Global AB (publ) sold 182,900 common shares at an average price of 0.66 US dollars per share on June 26 and 27, with a value of about 121,300 US dollars.
The transaction involved another related party: VNV (Cyprus) Ltd.
What is a statement of change in shareholding?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholding. When an insider's shareholding changes, depending on different circumstances, it is necessary to submit a statement of change in shareholding to the SEC within a certain period of time after the transaction is completed.
Insiders include the company's directors and executives, as well as any shareholder who owns 10% or more of the company's tradable shares.
