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DIRECTOR DEALINGS: Berkeley Chairman Buys Downtrodden Shares

28th Jun 2016 08:45

LONDON (Alliance News) - FTSE 100 housebuilder Berkeley Group Holdings PLC Tuesday said Chairman Anthony Pidgley bought 35,061 shares at a price of GBP22.69 each, in a deal worth about GBP796,000.

Following this transaction, Pidgley now holds 6.5 million shares, which equals a 4.7006% stake in the group.

The company also said the wife of Non-Executive Director Glyn Barker bought 3,000 shares at GBP22.40 each. The purchase takes Glyn Barker's holding to 15,042 shares.

Both purchases took place on Monday.

The stock was up 0.5% at 2,353.00 pence Tuesday but remain down 28% since the close last Thursday as all housebuilder stocks were hit by the UK vote to leave the European Union.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


Related Shares:

Berkeley Group
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