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Hefty stake sales no reason to panic
Thursday 20 Oct 2016 Author: Steven Frazer

This is the cash value of share sales by directors of fibre optic network builder CityFibre Infrastructure (CITY:AIM) just a week after pulling off a contact expansion with partner Onecom. But do not panic, these are the first boardroom stock disposals since the company listed on AIM on 17 January 2014 at 60p per share. All three directors retain substantial stakes in the business, including CEO Greg Mesch, whose 572,803 share stake is currently worth in excess of £352,000. (SF)

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