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Eurocell CFO Exercises Share Options and Sells for Tax Liabilities

Story Highlights

Eurocell ( (GB:ECEL) ) has issued an announcement.

Eurocell plc announced that its Chief Financial Officer, Michael Scott, exercised options to acquire ordinary shares under the company’s Deferred Share Plan 2015. Subsequently, he sold a portion of these shares to cover tax and national insurance liabilities, with the transaction being conducted on the London Stock Exchange. This move reflects standard practice for executives managing tax obligations related to share options, and it may have minimal impact on Eurocell’s market positioning or stakeholder interests.

More about Eurocell

Eurocell plc operates in the building materials industry, primarily focusing on the production and distribution of UPVC products, including windows, doors, and conservatories. The company is known for its emphasis on sustainability and energy efficiency in its product offerings.

YTD Price Performance: -10.82%

Average Trading Volume: 136,940

Technical Sentiment Signal: Hold

Current Market Cap: £155M

See more data about ECEL stock on TipRanks’ Stock Analysis page.

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