LONDON (Reuters) – Britain’s financial watchdog said on Friday it has fined former ConvaTec Group chairman Christopher Gent 80,000 pounds ($97,104) for unlawfully disclosing inside information.
The Financial Conduct Authority (FCA) said Gent, a former chief executive of Vodafone, disclosed information about an expected announcement by ConvaTec relating to a revision of its financial guidance and the CEO’s plans for retirement.
($1 = 0.8239 pounds)
(Reporting by Huw Jones; editing by Jason Neely)
