23rd May 2019 18:25
LONDON (Alliance News) - Royal Mail PLC said Chief Executive Officer Rico Back purchased nearly GBP615,000 in stock through two deals on Thursday.
In the first transaction, Back bought 200,000 shares at an average price of 207.4968 pence.
The second transaction saw Back acquire 100,000 shares for 200p each. It has not been disclosed how many shares Back now holds following these transactions.
Shares in the FTSE 250 postal service group closed 11% lower at 197.90 pence on Thursday.
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