One of National Commercial Bank’s (NCB) top ten shareholders sold off their shares in trading on the Jamaica Stock exchange today, and pocketed more than half a billion.
The latest NCB results list York Seaton and Harriet Maragh as joint holders with 27,111,000 shares amongst the listed shareholders. The amount was sold in trading on Monday with Mayberry Investments being the selling broker and Scotia Investments the buying broker. The shareholding represents 1 percent of the NCB group shares, and was traded at $20.50 each and amounted to $555.77 million in total. The holding was the 8th largest in the NCB group.
York Page Seaton is one of the major owners of Y.P. Seaton and Associates Company Limited, Construction, Development, Electrical and Mechanical Engineering Contractors and located in Jamaica.