11th Jan 2019 09:54
LONDON (Alliance News) - C&C Group PLC said Friday Chief Executive Officer Stephen Glancey acquired shares worth EUR90,000 in the drinks-maker in a transaction on Thursday after delivering an upbeat trading update.
Glancey - CEO since 2012 - bought 30,000 shares at EUR3.00 each. Shares in C&C were 2.0% higher at EUR3.21 on Friday.
The holding of Glancey after the transaction was not disclosed.
The share purchase came shortly after C&C - which makes Magners, Bulmers and Orchard Pig cider - reported it expected to meet its full year expectation after good trading over the Christmas period. This was helped by "very strong" trading from its recently acquired wholesale Matthew Clark and Bibendum businesses.
Related Shares:
C&C Group