31st Jan 2017 12:23
LONDON (Alliance News) - Braemer Shipping Services PLC on Tuesday said a fourth board member bought shares after the marine services firm issued a profit warning last week.
Chairman David Moorhouse bought 49,351 shares at 252 pence each on Monday.
In addition, Non-Executive Director Alastair Farley bought 20,000 shares last Friday.
Last Tuesday, Chief Executive Officer James Kidwell bought 15,853 shares while Non-Executive Director Jurgen Breuer bought 20,000 shares on the same day.
Braemar Shipping Services last week forecast a big drop in underlying operating profit year-on-year, as underperformance in its Technical division continued to hit group results.
The stock was up 2.7% at 248.41p on Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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