24th Apr 2014 13:49
LONDON (Alliance News) - Premier Foods PLC Thursday said Chairman David Beever bought 161,943 shares at a price of 61.75 pence per share.
Following this transaction, Beever now holds 274,881 shares, which represents a 0.03% stake in the firm.
The food manufacturer also said trading in the first quarter was soft as sales declined by 6.2%, but said its trading expectations for the full-year remain unchanged, as it has a strong programme of additional new product launches planned for the second-half of the year.
Premier Foods will hold its AGM on Tuesday.
Shares were trading 4.3% lower at 60.75 pence Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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