10th Jun 2019 18:31
LONDON (Alliance News) - Quarto Group Inc said Monday Chief Executive Chuk Kin Lau, and a company closely associated with him, purchased a combined 1.1 million shares in the company.
1010 Printing Ltd, a Hong Kong incorporated printing company, acquired 1.1 million at 63.2 pence per share, for a total of GBP682,560.
Lau, separately, purchased 40,000 shares in Quarto at the same price for GBP25,280.
Combined, 1010 Printing and Lau acquired 1.1 million shares for GBP707,840.
Following the transaction, 1010 Printing now holds 5.2 million in Quarto - which represents a holding of 25.4%. Lau holds an interest in 8.2% of Quarto's issued share capital.
Shares in Quarto closed down 1.5% Monday at 62.04p each.
Related Shares:
QRT.L