16th Dec 2015 10:05
LONDON (Alliance News) - Gamma Communications PLC on Wednesday said Chief Financial Officer Andrew Belshaw sold shares in the company on Tuesday.
Belshaw sold 179,306 shares for 414.00 pence per share, giving the transaction a total value of around GBP742,000.
Belshaw sold the shares in order to cover a tax liability on recently exercised share options and to repay a GBP50,000 loan made to him prior to the company floating in London.
Shares in the communications technology company were up 2.4% to 422.76 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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