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DIRECTOR DEALINGS: Somero Enterprises CEO Sells 1.4 Million Shares

3rd Oct 2014 07:58

LONDON (Alliance News) - Somero Enterprises Inc Friday said that Chief Executive Officer Jack Cooney sold 1.4 million shares for 128 pence each on Thursday.

The total transaction was worth just over GBP1.8 million. The 1.4 million shares represented 2.5% of the total issued shares in the company.

Somero Enterprises shares were trading 5.0% lower Friday morning at 123.00 pence.

Cooney still holds more than 2.8 million shares in the company, representing a 5.0% stake.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.


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