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Director dealings: Centralnic director sells some shares

Fri, 07th Feb 2020 14:48

(Sharecast News) - A director of internet domain name seller CentralNic sold shares as they approached their record highs for a second time.
On 17 January, group managing director, Don Baladasan, sold 60,000 shares in the AIM-listed outfit at 92.0p apiece, for a total transaction amount of ?55,200.00.

In a pre-close trading update published two days before, the firm announced that it roughly doubled its sales to $109.0, marking the fifth year out of six in which it had managed that feat, thanks to a mix of organic growth and the acquisition of KeyDrive, Hexonet, TPP Worldwide and Team Internet.

However, it was not clear if it remained loss-making.

Full-year results were scheduled to be published on 27 April.

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Director name: Lavelle,Mark
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Director name: Cicurel,David
Amount purchased: 3 @ 5,600.00p
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Director name: Ormsby,Bradley Leonard
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Top Director Sells

Centralnic Group (CNIC)
Director name: Baladasan,Donald
Amount sold: 60,000 @ 92.00p
Value: ?55,200.00

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