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SIQ - Smartgroup News Story

A$7.26 -0.1  -1.0%

Last Trade - 5:10am

Sector
Industrials
Size
Mid Cap
Market Cap £501.6m
Enterprise Value £509.6m
Revenue £113.2m
Position in Universe 324th / 1960

BUZZ-Australia's Smartgroup drops to over 1-1/2-year low after CEO sells shares

Wed 3rd April, 2019 2:41am
** Shares of Smartgroup Corp Ltd  SIQ.AX  fall as much as
10.3 pct to A$7.260, lowest since July 2017
    ** Business administration services provider said http://bit.ly/2OHWn0x
 after market hours on Tuesday that CEO and MD Deven Billimoria
sold 1.1 mln shares of co at A$7.60 per share
    ** Selling price represents a discount of 6.1 pct to stock's
last close      
    ** Stock posts biggest intraday pct fall since Feb 18
    ** More than 1.3 mln shares change hands, compared with
30-day average volume of abut 640,100 shares 
    ** Stock down 8.9 pct this year, as of last close

 ((Aditya.Soni@thomsonreuters.com; +91 80 6749 1130; Reuters
Messaging: Aditya.Soni.thomsonreuters.com@reuters.net))
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