3rd Apr 2014 10:07
(Correcting number of shares in headline)
LONDON (Alliance News) - Toumaz Limited PLC Thursday said Chairman Richard Steeves bought 12.5 million shares at 3.05 pence and a further 1 million shares at 3.88 pence.
Following the purchase, worth a combined GBP42 million, he now holds 19.8 million shares, equating to 1.2% of the issued share capital Wednesday.
The company also said, Chief Executive Officer Antony Sethill bought 1.5 million shares at a price of 3.225 pence per share Tuesday.
Following the GBP4.8 million transaction, Sethill now holds 4 million shares, which represents 0.3% stake in the firm.
Shares in the medical equipment company jumped in early trading, quoted at 4.34 pence per share, up 15.73%, making it the third highest gainer on the AIM market Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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