Sepura director offloads a million shares for 1.5M Pounds
Since the start of 2013, the stock has surged by over 60%. Over the last 12 months, the Sepura share price has more than doubled.
Sion Kearsey, a Non-Executive Director and one of the founding members of Sepura, has sold nearly one and a half million pounds-worth of shares in the digital radio maker, taking advantage of the stock’s impressive surge so far this year.
Kearsey, a former senior manager at Goldman Sachs’ fixed income, currencies and commodities division, sold a million shares in the company at a price of 147p each, earning himself £1.47m.
The disposal of the 0.72% stake trimmed his interest in Sepura to eight million shares, equal to a 5.78% holding.
Since the start of 2013, the stock has surged by over 60%. Over the last 12 months, the share price has more than doubled.
In the fiscal year to March 29th, the company grew revenues by 26% to EUR104.8m and saw adjusted operating profits rise 34% to EUR10.5m.
Source: MCCResources
