12th Jul 2019 12:19
(Alliance News) - Dunelm Group PLC on Friday said Non-Executive Director Ian Bull has purchased 4,000 shares, his first holding in the company, just two days after his hiring was announced.
Bull bought the shares at 879.08 pence each, for a total of GBP35,163. Dunelm shares were up 0.4% on Friday at midday at 869.50p.
On Wednesday, home furnishings company Dunelm reported an 11% rise in like-for-like revenue for the 52 weeks to June 29, with total revenue climbing 4.8% to GBP1.10 billion.
Dunelm expects pretax profit to be towards the upper end of the range of GBP124 million to GBP126 million. In financial 2018, the company reported underlying pretax profit of GBP102 million.
Bull's appointment was announced on the same day as the results. He is a former finance chief at pub group Greene King PLC, bookmaker Ladbrokes PLC, and holiday parks owner Parkdean Resorts Group.
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