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DIRECTOR DEALINGS: Chairman Buys Shares As LoopUp Swings To Profit

30th Sep 2016 11:35

LONDON (Alliance News) - Conference call software provider LoopUp Group PLC said Chairman Barbara Judge bought her first shares as the group turned a small pretax profit in the first half of 2016.

Judge bought 15,754 shares at a price of 126 pence each on Friday, her only holding.

LoopUp, which listed in London in August, said Friday it made a pretax profit of GBP72,000 in the half-year to the end of June, swung from a GBP619,000 loss a year prior. Earnings before interest, taxation, depreciation and amortisation, which exclude higher finance costs for the firm, more than doubled to GBP1.3 million from GBP509,000.

The stock was up 3.3% at 127.00p Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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LOOP.L
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