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DIRECTOR DEALINGS: Telecom Plus Directors Buy After Profit Warning

16th Apr 2015 15:57

LONDON (Alliance News) - Telecom Plus PLC said a group of directors including Chairman Charles Wigoder bought shares totaling approximately GBP1.1 million Thursday.

Details are as follows.

Name

Ordinary Shares acquired

Price paid

Current shareholding

Per cent. of total voting rights

Charles Wigoder

46,875

800.75p

16,073,241

20.05%

Julian Schild

31,250

800.75p

189,932

0.24%

Melvin Lawson

46,875

800.75p

2,136,744

2.67%

Michael Pavia

10,000

800.75p

36,391

0.05%

Nick Schoenfeld

6,250

800.75p

6,250

0.00%

Earlier Telecom Plus Thursday said its profit in the recently-ended financial year will come in below its expectations due to energy price cuts it made in the fourth quarter and as warm weather cut energy usage by its customers.

Shares in the telecom services closed down 20.00% at 782.40 pence Thursday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

Telecom Plus
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