Central Bank finds Philip Lynch engaged in insider trading at C&C | Business Post

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The Central Bank has found that Philip Lynch, the former chief executive of IAWS and One51, engaged in insider trading in shares of C&C, the publicly listed drinks company.

Philip Lynch bought 200,000 shares in C&C in 2008, when it was searching for a new chief executive. Picture: Collins

The Central Bank has found that Philip Lynch, the former chief executive of IAWS and One51, engaged in insider trading in shares of C&C, the publicly listed drinks company. The finding is the result of a more than ten-year investigation, and relates to his purchase of 200,000 shares in the company on October 21, 2008, when it was searching for a new chief executive.Subscribe from just €1 for the first month!

 

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