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Share Price: 1.40
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Change: 0.00 (0.00%)
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IN BRIEF: EQTEC Non-Exec Quigley Buys Stock, Exec Madden Sells

Fri, 05th Feb 2021 13:53

EQTEC PLC - Cork, Ireland-based gasification technology solutions company for sustainable waste-to-energy projects - Non-Executive Director Thomas Quigley buys 5.2 million shares at 1.91 pence each for GBP99,320, with him now holding 33.1 million shares and representing 0.5% of EQTEC's issued share capital.

Executive Director Gerry Madden sells 25 million shares at 1.91p per share, resulting in a holding of 510,038 shares, a nominal stake in the company. Says Madden is interested in 224.9 million options and warrants to subscribe for shares in the company. Notes the proceeds of the share sale will primarily be used by Madden to satisfy taxation and other liabilities arising from a number of salary sacrifice programmes initiated by the company.

Current stock price: 2.30 pence, up 2.2% on Friday

Year-to-date change: down 11%

By Zoe Wickens; zoewickens@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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