Director dealings: Castleton CFO lowers stake
Castleton Technology's chief financial officer Haywood Chapman disposed of 270,000 ordinary shares in the AIM-listed IT services company.
Castleton Technology
94.75p
15:19 04/06/20
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16:50 24/04/24
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Chapman, who took up the role back in 2014, sold the shares at an average price of 97p, for a total value of £261,900.01.
The software and managed services provider secured a "significant" contract with existing customer, Circle Voluntary Housing Association, earlier in August.
Castleton said it would provide a cloud managed desktop-as-a-service hosted in its Tier 3 data centres, with business continuity via its backup and disaster recovery service, as well as a managed service desk which would deliver support and service improvements to the Circle user base - both remotely and onsite.
It said the total contract value was £360,000 over five-and-a-half years, which complemented the six hosted software products Circle already received, which were purchased in January on a 10-year contract.
As of 1540 BST, Castleton shares had ticked ahead 0.48% to 104p.
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Amount purchased: 2,916,667 @ 6.00p
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Top Director Sells
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Director name: Chapman,Haywood
Amount sold: 270,000 @ 97.00p
Value: £261,900.01
Marshalls (MSLH)
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