24th Nov 2015 12:34
LONDON (Alliance News) - Fluid power products distributor Flowtech Fluidpower PLC on Tuesday said a series of its directors bought a total of 50,000 shares in the company on Monday.
Chairman Malcolm Diamond bought 10,000 shares in the company for 108.00 pence per share, while Senior Non-Executive Director Nigel Richens bought 10,000 shares at the same price.
Diamond and Richens each own 35,000 shares in the company.
Sean Fennon, chief executive, bought 20,000 shares at 107.25p per share, while Chief Financial Officer Bryce Brooks bought 10,000 at the same price as Fennon.
Fennon now owns 209,000 Flowtech Fluidpower shares, while Brooks owns 91,000.
Flowtech Fluidpower shares were down 0.5% to 107.00p on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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