LONDON (Alliance News) - Synectics PLC Wednesday said trustees of the company's Approved Employee Share Action Plan acquired shares on behalf of employees, including Chief Executive John Shepherd and Finance Director Nigel Poultney.
The purchase was completed in two tranches, with 223 shares acquired on 4 October at a price of 488 pence each and 4,500 shares acquired on October 14 at 489 pence each.
As a result, Shepherd and Poultney each acquired 225 shares.
Position | Beneficial Interest | Interest in Share Schemes | Resultant | % of | |
John Shepherd | Chief Executive | 66,272 | 402,692 | 468,964 | 2.65% |
Nigel Poultney | Finance Director | 13,000 | 222,354 | 235,354 | 1.33% |
Shares in the UK-based surveillance company were up 0.99% at 510.00 pence Wednesday afternoon.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @arvindbhunjun
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Synectics (SNX)