23rd Dec 2019 18:33
(Alliance News) - Domino's Pizza Group PLC on Monday said hedge fund Browning West LP purchased roughly GBP6.2 million across a spate of transactions last week.
Browning West's Chief Investment Officer Usman Nabi is also a non-executive director at the takeaway firm.
The bulk of the purchases were made on Wednesday, including a single transaction which saw Browning West purchase 1.2 million shares at 310.94 pence each, GBP3.8 million altogether.
Five separate purchases totalling GBP71,741 were made on Thursday.
Browning's stake following the transactions was not stated.
Shares in Domino's closed 0.1% higher at 320.60p each.
By Eric Cunha; [email protected]
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