11th Dec 2018 15:52
LONDON (Alliance News) - Royal Mail Group PLC said Chief Executive Officer Rico Back acquired shares worth GBP435,000 in the postal firm in a transaction on Tuesday.
Back - who replaced Moya Greene as CEO in September - bought 150,000 shares at 290 pence each. Shares in Royal Mail were 0.7% higher at 298.90 pence on Tuesday.
The total holding of Back after the transaction was not disclosed.
The current buy follows another purchase by Back. In late November, Back acquired 112,000 shares in Royal Mail worth GBP356,078.
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