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CEO net selling at Sprott (T:SII)

Updated Monday Mar 19, 2018 01:22 AM EDT

Peter Grosskopf, CEO, Director, 10% Holder and Subsidiary Executive, acquired 800,000 Common Shares on an indirect ownership basis for registered holder Maxgro Management Ltd. at a price of $3.000 on March 13th, 2018. The insider also disposed of 1,137,500 Common Shares on an indirect ownership basis for registered holder PEGS Capital Holdings LP at prices ranging from $3.000 to $3.133 between March 12th and 15th, 2018. This represents a $1,056,732 net divestment of the company's shares and an account share holdings change of -6.2%.

Sprott is in the Investment Management & Fund Operators Sub Industry Group under the Financials Sector.

Sprott Inc. is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts. The Global Companies segment provides asset management services to its branded funds and managed accounts in the United States, and provides securities trading and other transactional services to clients. The SRLC segment is a lender to companies in the mining and energy sectors. The Consulting segment manages its private investment strategies. The Corporate segment provides treasury and shared services to its business units. The Other segment includes the activities of Sprott Private Wealth LP, the private wealth business of the Company. Its businesses are Asset Management, Physical Bullion, Private Equity and Debt, and Wealth Management.

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Go to Sprott Inc. (SII)'s company page

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