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DIRECTOR DEALINGS: FirstGroup Chair, CEO And CFO Buy Shares

15th Nov 2019 17:55

(Alliance News) - FirstGroup PLC said a trio of prominent senior executives bought shares in the transport operator on Friday.

Chief Executive Officer Matthew Gregory purchased 23,177 shares at 107.86 pence each and now holds 425,063 shares.

Chair David Martin bought purchased 100,000 shares at 111.55 pence per share. The purchase is former Arriva CEO Martin's only holding after joining the company in August.

Chief Financial Officer Ryan Mangold bought 84,134 shares at a price of 111.13p each and a person connected to Mangold bought 5,373 shares at 110.68p each. He now holds a beneficial interest in 187,007 shares.

FirstGroup on Thursday reported a significantly wider interim loss due to an impairment on US coach operator Greyhound because of deteriorating results.

The stock closed up 7.9% at 113.70p, the best performer in the FTSE 250 on Friday.

By Arvind Bhunjun; [email protected]

Copyright 2019 Alliance News Limited. All Rights Reserved.


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Firstgroup
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