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1st Dental Laboratories

  • BY: Andrew Hore |
  • POSTED: 22/04/2010 |

Having taken his stake in 1st Dental Laboratories to more than 10% a fortnight ago Peter Gyllenhammar has reduced it to 7.88%

Gyllenhammar has sold 1.1m shares in the dental labs operator on 20 and 21 April. A 5.375p a share 1st Dental is valued at 2.26m. The bid/offer price is 5p-5.75p.

The mid-price was 2.75p when Gyllenhammar acquired his shares. Although he has not necessarily traded at the market prices he is likely to have made a good turn on the shares he has sold.

1st Dental says that it expects to return to profit in the six months to May 2010.

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