Two executives fined for buying and selling stocks

Source: Internet
Author: User
Keywords Senior executives star
Star Technology (002132.  SZ) today issued a notice, the company's supervisory board chairman Tan and vice chairman, General Manager Gioya respectively in this year September 30, October 8 reduce their holdings of the company, violating the relevant provisions of SSE, has been punished by the company. Star Technology said, Tan on September 30, 2010 through the SSE trading system to reduce its holdings of 80,000 shares, accounting for the company's total shares of 0.03%, the average price of 22.14 yuan.  and Gioya on October 8, the reduction of 370,000 shares, the average price of 22.59 yuan.  The announcement said that because the company disclosed three quarterly reports on October 26, the above reduction behavior violates the "listed company directors, supervisors and senior managers in the periodic report before 30th not to buy and sell the company stock" provisions, formed a violation of the sale of shares of the company's behavior.  Star Technology, said the two people voluntarily to the illegal trading company stock transaction amount of 10% surrendered to the company, the company at the same time to Tan Gio two people to make a serious punishment, respectively for its 80,000 yuan, 370,000 yuan economic punishment. Star Technology yesterday received 30.30 yuan per share.
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