Qinetiq Staff Offload Shares Worth Pounds 36m

Daily MailFebruary 16, 2007

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Summary


STAFF at defence company QinetiQ cashed in shares worth Pounds 36m as restrictions on stock sales were lifted following the first anniversary of the group's flotation.

Investment bank Cazenove placed 17.6m shares in QinetiQ with institutional shareholders at 205p, driving the shares down 21/2p at 2061/4p.

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Qinetiq Staff Offload Shares Worth Pounds 36m

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