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DIRECTOR DEALINGS: Teltronic Chief Executive Buys Sepura Shares

Tue, 28th Jul 2015 09:23

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

Copyright 2015 Alliance News Limited. All Rights Reserved.

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