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DIRECTOR DEALINGS: Eleco Exec Chairman Sells And Repurchases 940K Shares

30th Sep 2013 13:11

LONDON (Alliance News) - Eleco PLC Monday said that Executive Chairman, John Ketteley, sold 940,000 shares from his self-invested personal pension, at a price of 19.5 pence per share, and repurchased the shares at a price of 19.504 pence per share into his ISA account on Friday.

Following the transaction, Ketteley still owns a 13.9% stake in the company with more than 8.4 million shares.

Eleco shares we up 2.2% Monday afternoon, trading at 20.95 pence.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2013 Alliance News Limited. All Rights Reserved.


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