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DIRECTOR DEALINGS: Rotork Executive Buys Shares After Profit Warning

18th Sep 2015 11:49

LONDON (Alliance News) - Rotork PLC said David Littlejohns, head of its fluid systems division, bought 25,000 shares at a price of 189.3 pence per share Friday.

Following this transaction, he now holds 96,785 shares, which represents 0.1% stake in the firm.

The oil and gas industry downturn continued to drag on the performance of Rotork, as the actuators and flow control products manufacturer on Thursday issued a profit warning due to project delays and cancellations.

The stock was down 4.1% at 184.75p Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


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