DIRECTOR DEALINGS: Inmarsat Independent Director Peled Buys Shares

LONDON (Alliance News) - Inmarsat PLC said on Tuesday that Senior Independent Director Abraham ...

Alliance News 13 March, 2018 | 2:30PM
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LONDON (Alliance News) - Inmarsat PLC said on Tuesday that Senior Independent Director Abraham Peled bought a total of 9,650 shares in the satellite telecommunications firm.

In transaction on Monday, Peled acquired 4,850 shares at a price of USD5.80 and 4,800 shares at USD5.85, totalling in USD56,210.

Inmarsat shares were trading 5.2% lower at 388.30 pence per share on Tuesday.

The company did not provide Peled's holding, if any, prior the transaction.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Inmarsat PLC 548.00 GBX 0.77 -
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