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DIRECTOR DEALINGS: Porta Communications Non-Executives Buy Shares

27th Jun 2014 09:34

LONDON (Alliance News) - Porta Communications PLC Friday said Non-Executive Director Brian Blasdale bought 189,990 shares at a price of 10.5 pence per share Thursday.

Following this transaction, Blasdale holds 1.8 million shares, which represents 0.79% stake in the firm.

The marketing and communications business also said Hawk Investment Holdings Limited, a company beneficially owned by Non-Executive Chairman Bob Morton, purchased 100,000 shares at a price of 10.0 pence per share. Following this purchase Morton is beneficially interested in a total of 31.9 million shares, representing 13.97% the total voting rights.

Shares were up 5.4% at 10.80p Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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