3rd Mar 2015 15:20
LONDON (Alliance News) - Laird PLC said Chief Executive Officer David Lockwood bought 35,540 shares at a price of 354.5 pence per share Tuesday.
Following this transaction, Lockwood now holds 60,617 shares, which represents 0.02% stake in the firm.
Earlier Tuesday, the electronics firm said it has good momentum for further growth in 2015, as it posted a rise in pretax profit for 2014 and raised its total dividend. Laird reported a pretax profit of GBP48.1 million, up from GBP43.2 million, as revenue rose 5% to GBP564.9 million from GBP537.0 million.
The stock was trading 2.7% higher at 350.80p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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