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LONDON - Calnex Solutions plc (AIM:CLX), a company specializing in test and measurement solutions for the telecommunications industry, has reported a transaction involving the purchase of shares by one of its directors. On Monday, Graeme Bissett, a Non-Executive Director of Calnex, bought 37,034 ordinary shares at a price of 54.0 pence per share.
The transaction took place on the London Stock Exchange (LON:LSEG) and is in compliance with Article 19 of the EU Market Abuse Regulation, necessitating public disclosure. The purchased shares are ordinary shares with an identification code of GB00BMBK7016. This initial notification indicates that the aggregated volume of shares acquired by Bissett is 37,034, with a total value of £19,998.
The acquisition of shares by a company insider is often viewed as a sign of confidence in the company’s prospects. However, such transactions are routine and must be disclosed to ensure transparency in the markets. The purchase by Bissett aligns with the regulatory requirements for the disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Calnex Solutions plc is known for its role in providing testing equipment and solutions to the telecommunications sector, which is critical for the development and maintenance of networks worldwide.
This announcement is based on a press release statement issued by Calnex Solutions plc and provides shareholders and potential investors with the latest information regarding the company’s insider transactions.
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