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DIRECTOR DEALINGS: AdEPT Executive Exercises Options, Sells Shares

Tue, 08th Apr 2014 11:21

LONDON (Alliance News) - AdEPT Telecom PLC said Tuesday that Chief Operating Officer Amanda Woodruffe had exercised options over 130,000 shares at 42 pence each.

Woodruffe subsequently sold 100,000 shares at 125 pence each to satisfy institutional demand and associated tax obligations and option exercise costs.

Following these transactions Woodruffe's interest in the company is 0.46%.

Shares in AdEPT were trading down 3.7% at 130.00 pence Tuesday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @hanassallnews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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