13th Oct 2015 09:25
LONDON (Alliance News) - Arrow Global Group PLC said Non-Executive Director Lan Tu bought 19,800 shares at a price of 250p each Tuesday.
She now holds 23,309 shares in Arrow and joined the company in March.
Earlier Tuesday, Arrow said Chief Executive Tom Drury, Chief Financial Officer Robert Memmott and other executives, together with an unnamed institutional investor, sold GBP27.5 million of shares in the debt manager. The 11 million shares were sold at 250 pence apiece overnight Monday to Tuesday. They represent a combined stake of 6.3%.
Shares in the debt portfolio buyer and manager were down 8.6% at 248.50p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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