Public investors lost P3.48/share in Chelsea’s 2017 IPO

Sold. Rafael dela Cruz Consing Jr. is a senior vice president, chief finance officer and compliance officer of International Container Terminal Services Inc. (ICTSI), according to the port operator’s page on the website of the Philippine Stock Exchange (PSE).

In a disclosure, Consing said he had reduced the number of the ICTSI common shares he owned to seven after selling 123,520 of these in eight trades. These are broken down as follows: 20,000 shares at P117.60 each, 10,000 at P118 each and 3,520 at P119 each on Feb. 19, 2019; 25,000 at P119.80 each and 15,000 shares at P119.50 each on February 20; and 40,000 at P118.90 each, 4,490 at P119.00 each and 5,510 at P119.20 each on February 21.