Soitec managers cash in on growth with €98m block

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By Aidan Gregory
17 Sep 2019

A group of French semiconductor maker Soitec’s senior managers have sold €98m worth of shares that vested as part of a three year stock compensation scheme that matured earlier this year.

The sale came after a period of strong performance for Soitec – its share price is up 45% over the past 12 months.

BNP Paribas and Société Générale were bookrunners on the deal, which was launched after the market close in Paris on Monday evening, following ...

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