20th Jul 2016 11:03
LONDON (Alliance News) - BCA Marketplace PLC Wednesday said three of its non-executive directors bought shares on Tuesday.
David Lis bought 25,000 shares at 170.5 pence per share. Following the purchase, Lis holds 100,000 shares, representing 0.013% of the total issued shares.
Piet Coelewij bought 86,000 shares at 172.7p each, which is his only holding.
Stephen Gutteridge bought 25,000 shares at 171.5p each, which is also his only holding.
BCA Marketplace on Tuesday said it bought UK automotive services group Paragon Automotive Ltd for an initial GBP105 million in cash.
BCA, which operates the British Car Auctions brand, will pay further earn-out payments of up to GBP30 million, subject to the achievement of financial and market targets over the next two financial years.
The stock was up 2.0% at 175.00p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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