Vodacom boss offloads share

[Beri]

http://www.techcentral.co.za/vodacom-boss-offloads-shares/45784/

Vodacom boss offloads shares
Shameel Joosub has sold R6m worth of shares in the mobile phone operator.




Shameel Joosub
Vodacom Group CEO Shameel Joosub has offloaded shares worth about R6m in the mobile telecommunications operator.

The sale of the shares, which took place on 31 December, the last trading day of 2013, was concluded at a price of R130,87/share. That’s near to Vodacom’s all-time record high share price of R134, which was set the previous day.

Joosub sold 45 946 ordinary shares in Vodacom worth R6 013 012,75, the operator revealed in a mandatory statement to shareholders, issued through the JSE’s Sens news service.

Vodacom did not disclose the reason for the share sale. — (c) 2013 NewsCentral Media

 

[Beri]

Hit and run...

 

[buyeye]

All time high just makes financial sense to anyone who has an idea of how stocks work.

 

[Other Pineapple Smurf]

Hit and run...

Or his wife got hold of his credit card

 

[marine1]

Probably going to buy Telkom shares as their network is much better