17th Nov 2015 14:25
LONDON (Alliance News) - Marshall Motor Holdings PLC on Tuesday said two of its executives have purchased shares in the company.
Chief Executive Daksh Gupta bought 5,798 shares in the company at 175.00 pence per share, increasing his total holding to 693,510 shares.
Chief Financial Officer Mark Raban also acquired shares, buying 5,798 at the same price in the name of his wife, Paula. His shareholding following the purchase is 39,355 shares.
The transactions were completed on Tuesday, the same day as the automotive retail and leasing business said it had struck a GBP24.4 million cash deal to buy car dealer SG Smith Holdings Ltd, which has operations in Kent, Surrey and London.
Shares in Marshall were down 5.9% to 180.00p on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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