Tristel chairman sells

Jul 03, 2009

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Francisco Soler, non-executive chairman of Tristel, sold £315,680 worth of shares in the disinfectant supplier to satisfy institutional demand following the group's oversubscribed placing.

Soler disposed of 769,951 shares in Tristel at 41p each as the group raised £1m to part finance the purchase of a portfolio of infection control products for between £2.15m and £2.4m.

The group placed 2.7m shares at 41p each, which will help buy intellectual property and manufacturing rights from Medichem International. The placing was three times over subscribed.

Top Director Buys

Mwana Africa (MWA) Director name: Mr Kalaa Mpinga Amount purchased: 1,000,000 @ 5.60p

Value: £56,000

Castle Asia (CASA) Director name: Mr Christopher Russell Amount purchased: 20,000 @ 92.00p

Value: £18,400

Top Director Sells

Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 366,480 @ 41.00p

Value: £150,257

Robert Wiseman (RWD) Director name: Mr Martyn Mulcahy Amount sold: 33,802 @ 384.10p

Value: £129,833

Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 268,980 @ 41.00p

Value: £110,282

Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 134,490 @ 41.00p

Value: £55,141

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