28th Sep 2015 15:36
LONDON (Alliance News) - Just Retirement Group PLC Monday said Non-Executive Director Steve Melcher bought a total of 35,000 shares on Friday.
13,991 shares were bought at 172.61 pence each and 21,009 shares at 175p each.
The purchase is his only holding in the annuities provider after being appointed in May.
Just Retirement and Partnership Assurance Group PLC on Friday both announced share placings in relation to the all-share merger between the two companies. The pair said the two issues will raise a total of GBP150.0 million to back their proposed merger, under which they will combine under the name JRP Group PLC.
Shares in Just Retirement were down 6.7% at 162.40p at the close Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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Related Shares:
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