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Ex-Vodafone CEO fined £80k for negligent inside information disclosure

Compliance Monitor

Ex-Vodafone CEO fined £80k for negligent inside information disclosure

The former CEO of Vodafone, Sir ChristopherGent, has been fined £80,000 for disclosing insider information when he waschair of premium-listed medical products company ConvaTec. The FCA fine wasgiven despite the fact that the regulator found “no evidence” that Sir Christopher,knighted for services to telecommunications, intended to gain personally.

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