31st Jul 2018 15:14
LONDON (Alliance News) - Just Eat PLC said that Chairman Mike Evans purchased a total of 6,238 shares at a price of 801.491 pence each on Tuesday.
The purchase represents Evans's entire holding in Just Eat.
Shares in Just Eat were down 5.1% at 803.00 pence each on Tuesday afternoon.
Earlier on Tuesday, the online takeaway platform said interim revenue rose 45% to GBP358.4 million from GBP246.6 million year-on-year. Pretax profit declined 3% to GBP48.1 million from GBP49.5 million, due to costs associated with its acquisition of smaller peer Hungryhouse, which completed in January.
The FTSE 100-listed company raised its annual revenue guidance to between GBP740 million and GBP770 million, up from previous expectations of between GBP660 million and GBP700 million.
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