26th May 2016 11:46
LONDON (Alliance News) - Equipment rental company HSS Hire Group PLC Thursday said two senior managers sold a total of 250,000 shares on Wednesday.
Executive Branch Director John Hardman sold 150,000 shares in three tranches; 50,000 at 94.1 pence, 50,000 at 95.02p each and 50,000 at 100p each.
Sales Director Jon Overman sold 100,000 shares at 94p each, reducing his shareholding to 338,527 shares, or a 0.22% stake,
After the sale Hardman holds 288,526 shares, or a 0.19% stake.
On Wednesday the company posted revenue of GBP84.3 million for the 14 week period ended April 2, up 16% from GBP72.5 million a year before, with "continued growth" in both its core and specialist businesses.
The stock was down 2.9% at 100.00p Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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