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DIRECTOR DEALINGS: Smart Metering CEO Sells GBP3.5 Million In Shares

15th Jul 2015 09:09

LONDON (Alliance News) - Smart Metering Systems PLC said Chief Executive Officer Alan Foy sold 1.1 million shares at a price of 315.5 pence per share Wednesday.

The deal is worth about GBP3.5 million before expenses.

Following this transaction, Foy holds 7.8 million shares, which represents 9.05% stake in the firm.

Shares in the gas meters company were up 1.0% at 338.34p Wednesday,

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


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