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IN BRIEF: Calnex Solutions CEO Cook sells £1.6 million in shares

ALN

Calnex Solutions PLC - West Lothian, Scotland-based provider of test and measurement solutions for the telecommunications sector - Chief Executive Officer Tommy Cook sells 1.0 million shares at 159.2 pence, worth £1.6 million, on Wednesday last week. Cook now has 17.4 million shares, a 19.9% stake. Calnex late last month reported higher profit in the financial year that ended March 31. Pretax profit grew to £6.0 million from £3.6 million a year ago as revenue rose 22% to £22.0 million from £18.0 million.

Current stock price: 163.46 pence, up 1.8%

12-month change: up 60%

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