21st Jun 2016 10:39
LONDON (Alliance News) - Imperial Innovations Group PLC Tuesday said David Newlands, who is set to become non-executive chairman, purchased 100,000 shares at 421.1 pence per share on Monday.
The purchase is Newlands's only holding in the technology commercialisation and investment company.
Newlands, previously chairman of PayPoint PLC, Tomkins, Britax International, Kesa Electricals and HellermanTyton PLC, will replace Martin Knight on August 1, coinciding with the start of Imperial Innovations' new financial year.
The stock was up 2.8% at 427.64p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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