4th Aug 2014 13:52
LONDON (Alliance News) - Technology solutions provider e2v Technologies PLC Monday said Chief Executive Stephen Blair bought 27,000 shares at 158 pence each.
Blair now holds 99,338 shares.
The company also said Non-Executive Director Kevin Dangerfield bought 20,000 shares at 155p each and now holds 25,000 shares.
Earlier, e2v Technologies said it has agreed to acquire Innovaciones Microelectronicas SL, known as AnaFocus, for up to EUR34.2 million.
The deal will comprise an initial cash component of EUR29.2 million, including EUR26.5 million in cash for the business and assumed net debt of EUR2.7 million. In addition, the deal includes up to EUR5 million for the AnaFocus management team dependent on hitting 'stretch' integration targets, e2V said.
The company's shares were down 1.0% at 153.63p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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