Ryan Willmott, former group reporting and financial planning manager at Logica plc (Logica), has pleaded guilty to three counts of insider dealing pursuant to section 52 of the Criminal Justice Act 1993. When he became privy to inside information about a takeover bid for Logica in 2012,

Mr Willmott dealt in Logica’s shares under another person’s name and disclosed the information to a friend who traded for both of them.

The trading in Logica’s shares made a profit of over £30,000. Mr Willmott will be sentenced at a hearing on 26 March 2015.

A copy of the FCA’s press release is available.