26th Oct 2015 13:29
LONDON (Alliance News) - SIG PLC said Chief Executive Officer Stuart Mitchell bought 10,000 shares at a price of 135.2829 pence per share on Monday.
Following the transaction, Mitchell holds 176,250 shares or 0.03% of issued shares.
The company also said Finance Director Douglas Grant Robertson bought 10,000 shares at the same price Monday. He now holds 112,362 shares or an 0.02% stake.
The building products company last Thursday said its sales performance has diverged in the first nine months between its UK and European operations and said continued weakness in the latter, plus some softness in the UK repair, maintenance and improvement market, mean it now expects its underlying pretax profit to fall year-on-year.
The stock was down 1.7% at 135.20p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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