1st Jul 2016 09:48
LONDON (Alliance News) - Housebuilder Redrow PLC on Friday said Non-Executive Director Nick Hewson has bought shares in the company.
Hewson bought 1,500 shares at 318.20 pence per share on Friday, taking his total holding up to 20,500 shares.
On Tuesday, Redrow said its pretax profit for the year to the end of June would be at the upper end of analyst expectations after it sold more houses for more money and said demand still looked strong even after the vote by the UK to leave the European Union.
Redrow shares were down 0.6% to 312.40p on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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