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DIRECTOR DEALINGS: PayPoint Founder, Associate Sell GBP5 Million Stock

10th Dec 2019 17:16

(Alliance News) - PayPoint PLC on Tuesday said founder Tim Watkin-Rees and a person closely associated with him, Eve Watkin-Rees, sold GBP4.9 million in shares in a series on transactions.

On Friday last week, the pair sold an aggregate of 331,442 shares at a price of 975 pence each, worth GBP3.2 million.

On Monday, the Watkin-Rees disposed of 10,359 shares at 978.8p each, totalling GBP101,394.

On Tuesday, they sold 156,553 shares at 967.2p each for a total of GBP1.5 million.

It has not been disclosed how many shares, if any, Watkin-Rees holds following these transactions.

PayPoint shares closed 1.9% lower in London on Tuesday at 959.86p each.

By Evelina Grecenko; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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