8th Jul 2016 08:15
LONDON (Alliance News) - Primark and British Sugar owner Associated British Foods PLC on Friday said Non-Executive Director Wolfhart Hauser bought shares in the company on Thursday.
Hauser bought a total of 2,635 shares in the group in two transactions for an average price of 2,659.70 pence. His total holding after the purchase was not disclosed.
Shares in AB Foods closed up 8.9% on Thursday after the group said it no longer expects a decline in adjusted earnings per share in the current financial year thanks to translation benefits accruing from the decline in the value of sterling following the Brexit vote in the UK.
AB Foods shares were flat on Friday morning at 2,780.00p.
By Sam Unsted; [email protected]; @SamUAtAlliance
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