IPD Group Ltd (AU:IPG) has released an update.
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IPD Group Limited has announced that CEO Michael Sainsbury sold 353,000 shares to finance a primary residence purchase, retaining 75% of his stake in the company. Sainsbury has communicated to the board that he does not plan to sell additional shares at this time. IPD focuses on innovative electrical solutions for energy management and automation, aiming to contribute to a more sustainable and connected future.
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