Business
Sigma Healthcare manager charged with insider trading – Sydney Morning Herald
The corporate regulator has alleged the employee sold shares while in possession of insider information about major contract negotiations.
Sigma has since entered a different supply agreement for “fast-moving consumer goods” with Chemist Warehouse, which it announced in November 2019.
ASIC alleges that Mr Story disposed of 645,047 Sigma shares on May 9, 2018 and 250,000 shares on June 21, 2018.
“ASIC alleges that, at the time he disposed of the two tranches of Sigma shares, Mr Story was in possession of inside information relating to the status of negotiations to renew the wholesale supply agreement between Sigma and CWG
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