LONDON (Alliance News) - Sepura PLC Tuesday said Juan Ferro, chief executive of Teltronic, bought 218,750 shares at a price of 156.50 pence per share Monday.
The purchase is his only holding in Sepura, a communications services company.
In May, Sepura agreed to acquire wireless communications company Teltronic SAU for EUR127.5 million, to be funded by both its existing debt and by a share placing.
Shares in Sepura were up 0.4% at 155.05p Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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