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LONDON (Alliance News) - Newmark Security PLC on Wednesday said Chief Executive Marie-Claire Dwek has taken 2.5 million shares in the company in an off-market transfer.
Dwek bought the shares at 1 pence each for GBP25,000. The shares were transferred from Elie Dwek, Marie-Claire Dwek's uncle and brother of Newmark Chair Maurice Dwek.
The electronic and physical security systems company said the 2.5 million is Dwek's entire beneficial interest, representing a 0.5% stake.
Elie Dwek's interest in Newmark is now 69.7 million shares, representing a 15% stake.
Newmark shares were untraded on Wednesday, last quoted at 0.75p.
