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DIRECTOR DEALINGS: Pennon Group Director Sells Shares

30th Sep 2015 11:21

LONDON (Alliance News) - Pennon Group PLC on Wednesday said Monica Read, a director at its South West Water Ltd business, sold 1,385 shares in the company for 759.06 pence per share on Tuesday.

Pennon, which runs a water utility and a waste management company, said Read's stake in the company is less than 0.01%.

The sale of the shares came after Pennon on Monday said it was on track to hit its targets for the full year and is well-positioned for the future as its recycling and waste management business establishes its new energy recovery business.

Pennon shares were up 2.1% to 777.17 pence on Wednesday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Pennon
FTSE 100 Latest
Value8,744.17
Change-30.48