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LONDON - Metlen Energy & Metals PLC (LSE:MET) announced Monday that Ioannis Kalafatas, Chief Executive Director of Energy, sold 20,400 ordinary shares of the company at a price of €47.13 per share on October 9.
The transaction, which totaled approximately €961,380, was executed on the Athens Stock Exchange, according to a regulatory filing.
The sale was disclosed in accordance with the Market Abuse Regulation requirements that apply due to the company’s primary listing on the London Stock Exchange and secondary listing on the Athens Stock Exchange.
Metlen Energy & Metals PLC shares are currently trading at €47.13 on the Athens Stock Exchange. The company has not provided any reason for the share sale in its regulatory announcement.
The information was released through a Person Discharging Managerial Responsibilities (PDMR) transaction notification, which is required when directors or senior executives buy or sell shares in their company.
The announcement was made via a Regulatory News Service (RNS) statement published by the London Stock Exchange.
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