29th May 2015 09:08
LONDON (Alliance News) - Porta Communications PLC Friday said Non-Executive Chairman Bob Morton acquired 2 million shares in the company for 6.75 pence per share on Thursday.
The shares were acquired through Hawk Investments Holdings, a company owned by Morton and his wife. Following the deal, Morton owns 36.3 million shares in Porta, representing a 13.56% stake.
Shares in Porta were up 4.7% to 7.7249 pence on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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