Public market insider selling at CGI Group (GIB)

Public market insider selling at CGI Group (T:GIB)

André Imbeau, a Senior Officer, Director and 10% Holder, disposed of 288,400 Subordinate Voting Shares Classe A on an indirect ownership basis for registered holder 9102-7003 Québec Inc. at a price of $77.358 on May 11th, 2018. This represents a $22,310,047 divestment of the company's shares and an account share holdings change of -33.6%.

CGI Group is in the IT Services & Consulting Sub Industry Group under the Technology Sector.

CGI Group Inc. (CGI), directly or through its subsidiaries, manages information technology (IT) services, as well as business process services (BPS). The Company's services include the management of IT and business functions (outsourcing), systems integration and consulting, as well as the sale of software solutions. The Company's segments are United States of America (U.S.); Nordics; Canada; France (including Luxembourg and Morocco) (France); United Kingdom (U.K.); Eastern, Central and Southern Europe (primarily the Netherlands and Germany) (ECS); and Asia Pacific (including Australia, India and the Philippines) (Asia Pacific). Its services in an end-to-end engagement include application development, integration and maintenance; technology infrastructure management; and business process services, such as collections and payroll management. Its Internet Protocol (IP)-based business solutions include CGI Advantage, Momentum, Credit Services Solutions, CGI Atlas360 and CGI Trade360.