Declan Service fined £60,000 for insider dealing

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Declan Service was fined the euro equivalent of £60,000 sterling at Dublin Circuit Criminal Court on 20 December 2023 for insider dealing.

Service pleaded guilty to engaging in insider dealing between 18 and 22 May 2020, using sensitive market information to sell shares before it became public.

Judge Elma Sheahan set a headline sentence of two and a half years, saying 18 months was appropriate after mitigation, but adjourned finalisation until 19 February.

The judge ordered Service to pay the fine pending that review.