2nd Jul 2015 13:59
LONDON (Alliance News) - Speedy Hire PLC said Non-Executive Director James Morley bought 30,000 shares at a price of 51.99 pence per share Thursday.
Following this transaction, Morley holds 195,000 shares.
On Wednesday shares in equipment and tool hire company Speedy Hire fell through the floor, dropping 31% on the day, after the company issued a profit warning and parted ways with its chief executive. Both Speedy Hire's chairman and its newly appointed CEO, the former CFO, then stepped in to buy.
Speedy Hire shares were up 6.6% at 52.25p Thursday afternoon.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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