Cimpor Sells 432,960 shares to employees

Cimpor Sells 432,960  shares to employees
Published: 29 March 2005

Portuguese cement company Cimpor - Cimentos de Portugal sold a total 432,960 own shares to company’s employees, it was reported on March 25, 2005.  The shares were sold at a price lower than the current price of Cimpor’s shares on the Portuguese stock exchange Euronext Lisbon. The company’s shares are currently sold on the stock exchange at 4.37 euro ($5.66) per share.  After the operation Cimpor holds a total 4.319 million own shares, accounting for 0.64 pct of the company’s share capital.