6th Jul 2016 13:29
LONDON (Alliance News) - Engineering company Ricardo PLC said Chairman Terry Morgan bought shares in the company on Wednesday.
Morgan bought 5,000 shares at 698.00 pence per share. Following the transaction, his total beneficial interest in the company now totals 15,000 shares, or a 0.03% stake.
On Tuesday, Ricardo agreed to acquire Motorcycle Engineering Italia, an Italian firm which advises on motorcycle design.
Shares in Ricardo were up 0.8% to 675.00p.
By Lucy Heming; [email protected]
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