SolarWorld’s chairman and chief executive, Frank Asbeck, has sold five tranches of shares in the company in the last week, taking his shareholding to 19.72%, according to financial filings.
Asbeck had previously agreed as part of restructuring efforts and investment from Qatar Solar to have a personal stake in the company of 19.5%.
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Asbeck sold over 4.2 million shares for a total of just over €3 million.