29th Apr 2014 12:29
LONDON (Alliance News) - Quindell PLC Tuesday said Finance Director Laurence Moorse bought 100,000 shares at a price of 20 pence per share and now holds 18 million shares.
The company also said Non-Executive Director Stephen Scott bought 100,000 shares Monday at 19 pence each and now has a beneficial interest in 76.7 million shares, about 1.22% of the total.
Quindell shares have declined sharply in the past week after a scathing report by US short selling firm Gotham City Research.
Quindell Shares were trading up 13% at 22.62 pence Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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