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Afterpay executives to cash out $100m

Misa Han
Misa HanReporter

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Afterpay's chief executive, chairman and group head have cashed out more than $100 million worth of shares as institutional shareholders picked up all the shares on offer as part of a $330 million capital raising.

As revealed by Street Talk, Afterpay entered into a trading halt on Tuesday to raise at least $300 million from institutional shareholders.

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Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/afterpay-executives-to-sell-100m-shares-20190611-p51wfb