8th Apr 2014 12:38
LONDON (Alliance News) - NetDimensions (Holdings) Ltd Tuesday said Chief Executive Jay Shaw has bought 100 American Depositary Receipts, equivalent to 500 shares, at USD6.32 each, giving him a 12.82% stake in the company.
Shaw bought the ADRs Monday. Each ADR is equivalent to 5 shares, NetDimensions said.
At an exchange rate of USD1.66 to GBP1.00, each the USD6.32 price is equivalent to GBP0.76 a share.
Shaw holds just over 4.9 million shares.
NetDimensions shares were Tuesday quoted at 73 pence, flat.
By Samuel Agini; [email protected]; @samuelagini
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