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DIRECTOR DEALINGS: Cable & Wireless Director Allotted Shares, Sells Some

17th Jun 2014 15:56

LONDON (Alliance News) - Telecommunications service provider Cable & Wireless Communications PLC Tuesday said Corporate Services Director Nick Cooper acquired 2.1 million shares following the vesting of Performance Share Award.

He then sold 1 million at a price of 51.5169 pence per share for tax purposes and transferred the remaining 1.1 million shares to his wife at no cost.

Following this transaction, Cooper and his connected persons' total shareholding is 2.6 million shares.

The shares closed down 0.4% at 49.86 pence Tuesday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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CWC.L
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