IN BRIEF: Calnex Solutions CEO Cook sells £1.6 million in shares

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Calnex Solutions PLC - West Lothian, Scotland-based provider of test and measurement solutions for the telecommunications sector - Chief Executive Officer Tommy Cook sells 1.0 million shares at 159.2 pence, worth £1.6 million, on Wednesday last week. Cook now has 17.4 million shares, a 19.9% stake. Calnex late last month reported higher profit in the financial year that ended March 31. Pretax profit grew to £6.0 million from £3.6 million a year ago as revenue rose 22% to £22.0 million from £18.0 million.

Current stock price: 163.46 pence, up 1.8%

12-month change: up 60%

Copyright 2022 Alliance News Limited. All Rights Reserved.