25th Nov 2015 10:18
LONDON (Alliance News) - Contracts-for-difference trader Plus500 Ltd on Wednesday said Non-Executive Director Charles Fairbairn bought shares in the company on Tuesday, as did his wife.
Fairbairn bought 70,247 shares at 349.30 pence per share, while his wife, Susan, bought 4,892 shares at 349.00p.
Following the transaction, Fairbairn has a total beneficial holding of 250,000 shares in Plus500.
His purchase came the same day as Daniel King, a fellow non-executive director, who bought 13,259 shares at 339.38p.
Both were made a day after Playtech PLC, the FTSE 250-listed gaming software company, pulled out of its GBP459.0 million deal to acquire Plus500 amid concerns the deal was not set to secure necessary approvals from the UK Financial Conduct Authority by the end of 2015.
Shares in Plus500 were up 6.7% to 390.44p on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
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