21st Sep 2020 15:54
Network International Holdings PLC - Middle East-focused payment solutions provider - Chair, CEO and non-executive director buy a total of 152,245 shares, worth GBP360,221. Chair Rohinton Kalifa buys 35,000 shares on Friday last week at GBP2.91. Chief Executive Officer Simon Haslam buys 50,926 shares at GBP2.16 and Non-Executive Director Victoria Hull buys 43,142 at GBP2.30 and 23,177 at GBP2.14, all on Monday. Kalifa now has 599,156 shares and Haslam 251,221. Earlier Monday, Network International had said it was "not aware" of the reason behind a sharp fall in the company's stock price. The company said the trend of improving volumes in directly acquired domestic total processed volumes reported for July has continued in August and early September. "These share purchases demonstrate the confidence that Network International directors have in the long-term growth prospects of the company," Network International says.
Current stock price: 246.40 pence, down 6.8% on Monday
Year-to-date change: down 62%
By Tom Waite; [email protected]
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