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DIRECTOR DEALINGS: 600 Group Division MD Sells GBP440,000 Of Stock

15th Jan 2019 17:42

LONDON (Alliance News) - 600 Group PLC on Tuesday said a divisional managing director has sold shares worth GBP440,000 as part of a plan to retire.

David Grimes, the MD of 600's Global Laser Marking Division, sold 3.2 million shares at 14 pence each for GBP441,000.

All of the shares, 600 said, have been sold to new and existing shareholders. Grimes now holds 4.4 million shares, or a 3.9% in the company.

600 makes, designs, and distributes in three main areas: machine tools, precision engineered components, and industrial laser systems. Shares ended 8.2% lower Tuesday at 14p each.


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