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DIRECTOR DEALINGS: Porta Communications Chairman Acquires Shares

6th Jun 2016 10:27

LONDON (Alliance News) - Porta Communications PLC said Chairman Bob Morton acquired 500,000 shares at a price of 5.75 pence per share through Hawk Investments Holdings, a company beneficially owned by Morton and his wife, last Wednesday.

Following this transaction, Morton is beneficially interested in 44.9 million shares in Porta representing a 16.10% stake in the group.

Shares in the AIM listed marketing and communications business were up 4.8% at 5.50p Monday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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