28th Sep 2015 11:19
LONDON (Alliance News) - Discount retailer Poundland Group PLC Monday said Non-Executive Director Mary Barnard bought 1,822 shares at a price of 272 pence each Friday.
The purchase is her only holding after being appointed in March.
Last Thursday, Poundland raised GBP50 million through the placing of shares in order to fund its acquisition of 99p Stores Ltd, and said that it expects core pretax profit for its full financial year to meet market expectations, although it will be weighted towards the second half.
Shares were up 1.6% at 279.80p Monday midday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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