IN BRIEF: Helios Towers CEO sells PS4.3 million in shares

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Helios Towers PLC - London-based telecom tower owner - Chief Executive Officer Thomas Greenwood sells 2.5 million shares at average 174.62 pence each, a total of £4.3 million, on Monday and Tuesday. The firm notes Greenwood has not previously sold any shares since its initial public offering in 2019. The sale represents 24% of his total interest in the company.

CEO Greenwood says: ‘I remain completely committed to Helios Towers, excited about our Impact 2030 strategy and about the growing strength of the company. Following this sale, I retain over 75% of my interest in the company, which reflects my conviction in the company’s ability to create additional value long-term.’

Current stock price: 173.60 pence, down 2.5% on Thursday afternoon in London

12-month change: up 64%

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