Mr Gregory Campbell of Surfers Paradise, Queensland, today appeared in the County Court of Victoria and pleaded guilty to one count of insider trading.

Mr Campbell was the National Development and Construction Manager at Healthe Care Australia Pty Limited (Healthe Care) and a member of the company’s executive team in 2016.

On 19 October 2016, Mr Campbell acquired 392,257 shares in Pulse Health Limited (Pulse) for a total value of approximately $127,384 while in possession of inside information relating to Pulse. On 21 October 2016, Mr Campbell sold the shares for a profit of over $30,000.

The sentencing hearing for Mr Campbell is listed for 12 October 2021 in the County Court of Victoria.

The Commonwealth Director of Public Prosecutions is prosecuting the matter.

Background

On 30 May 2018, Mr Campbell was charged with three counts of insider trading (18-216MR).

On 10 May 2019, Mr Campbell appeared in the Melbourne Magistrate’s Court and was committed for trial in relation to insider trading counts two and three. Count one was dismissed by the Magistrate on the basis that there was insufficient evidence to prove that Mr Campbell possessed inside information at the time he applied for 350,000 shares in Pulse on 7 October 2016.

Editor's note 1:

Submissions on sentencing were made by both the Prosecution and Defence at the sentencing hearing on 12 October 2021. Mr Campbell will be sentenced on 16 November 2021.