19th May 2016 16:22
LONDON (Alliance News) - Thomas Cook Group PLC said Thursday that Chief Financial Officer Michael Healy and Non-Executive Chairman Frank Meysman bought shares in the company.
Healy bought 28,258 shares at 81.7 pence, leaving him with an interest in 1.2 million shares or a less than 1.0% stake, whilst Meysman bought 35,000 shares at 72.15 pence, leaving him with an interest in 505,000 shares.
Shares in Thomas Cook closed down 19% Thursday.
The company warned Thursday it is still taking a hit from the terrorist attacks which have rocked the travel industry over the past year, as the transferral of capacity to alternative locations has not been enough to prevent summer bookings from falling so far this year.
The travel operator's warning came as an Egyptair passenger plane travelling from Paris to Cairo with 66 people on board crashed in the Mediterranean Sea. EgyptAir flight MS804 left France's Charles de Gaulle airport on Wednesday night but disappeared mid-flight.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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