24th Feb 2016 13:35
LONDON (Alliance News) - Morgan Advanced Materials PLC said Non-Executive Director Douglas Caster bought 18,000 shares at 214.1 pence per share on Wednesday.
The purchase is Caster's only holding in the company.
The ceramic products manufacturer, on Tuesday, said its pretax profit pushed higher in 2015 due to lower one-off charges, but its underlying profit and revenue both fell amid tough market conditions.
The stock was down 3.9% at 214.25p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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