Afterpay Touch (ASX:APT) has announced the sale of of over 5 million shareholdings by Executive Directors.
The company says the sale shares by Directors Anthony Eisen, Nicholas Molnar and David Hancock is for asset diversification reasons.
The sale of shares was undertaken via an off market bookbuild to institutional and professional investors.
Afterpay has welcomed new investors to its register.
Shares in Afterpay Touch (ASX:APT ) are trading 1.99 per cent higher at $7.18