Wife's £20m share sell-off before tycoon Mike Lynch extradited

Extradited: British tech tycoon Mike LynchThe wife of British technology tycoon Mike Lynch sold around £20 million of shares in cybersecurity group Darktrace in the months leading up to his extradition to the US.Angela Bacares and Lynch together own more than 10 per cent of the £2 billion company.She sold around 1 per cent of Darktrace's total stock in a series of deals between January and May.The sales came before Lynch, who was once dubbed 'Britain's Bill Gates', was extradited to the US last week after losing an appeal in the UK High Court.He faces fraud charges in the US over…

by rvnbebe979536
28 de dezembro de 2023
1
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