25th Feb 2016 11:34
LONDON (Alliance News) - Capital & Counties Properties PLC said three of its top executives bought a total of 110,000 shares on Thursday, worth about GBP350,000.
Chief Executive Officer Ian Hawksworth bought 50,000 shares at GBP3.194609 each. In addition, Finance Director Soumen Das and Chief Investment Officer Gary Yardley each bought 30,000 shares at GBP3.228 and GBP3.194609, respectively.
After the purchases, Hawksworth, Das and Yardley hold 820,604, 282,018 and 472,972 shares respectively.
Capital & Counties Properties on Wednesday reported a 17% total return for 2015, after the value of its property portfolio increased over the year on the back of a particularly strong performance by its Covent Garden assets.
The FTSE 250-listed property company said its net asset value per share rose to 361.0 pence in the year to the end of December, up from 311.0p a year ago.
The stock was up 0.9% at 317.90p Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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