20th Jun 2014 10:58
LONDON (Alliance News) - Utilitywise PLC Friday said some of its directors and employees intend to sell up to 10.4 million shares in the company Friday, following the maturing of its 2012 long-term incentive plan.
The utility cost-management company did not go into detail regarding who was selling what, and said the directors' shareholdings following the disposal will be announced as soon as practicable.
Utilitywise shares were down 5.2% at 296.67 pence before midday Friday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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