9th Jun 2015 15:37
LONDON (Alliance News) - OMG PLC said Chief Executive Officer Nick Bolton and Company Secretary Cathy Robertson sold 401,916 and 176,000 shares, respectively, at a price of 44.5 pence per share Tuesday, worth a total of GBP257,173 gross.
Following this transaction, Bolton holds 1.2 million shares, while Robertson holds 1.3 million shares.
OMG earlier Tuesday announced a further special dividend following the sale of its 2d3 defence software division to Insitu Inc, a subsidiary of the Boeing Co, for USD25 million in April. The company posted an interim pretax loss of GBP2.9 million, widened from a pretax loss of GBP2.1 million a year before.
Shares in the software company closed up 5.1% at 45.70p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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