Director dealings: D4T4 Solutions director cashes in his entire stake
Roger McDowell, a non-executive director of D4T4 Solutions, disposed of 1.55m ordinary shares in the AIM-listed firm on Tuesday.
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McDowell, who was appointed to D4T4's board back in 2008, sold the shares at an average price of 189.62p each, for a total value of £2.93m.
As a result of the sale, McDowell no longer holds any shares in the company.
Investors in D4T4 Solutions were reminded of the company's recent positive results late last month, including its 13.7% increase in organic top-line growth and the 22% increase in underlying profitability in its most recent financial report, as they gathered for the annual general meeting.
D4T4 said the outcome was a "very satisfactory and solid" performance, reflecting its ongoing focus on its higher-margin real-time customer data platform software, and its hybrid cloud data platform services business which it claimed had set the company in "good stead" to deliver year-on-year growth for the year ending March 2019.
As of 1530 BST, D4T4 shares were up 3.23% to 191.50p.
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