20th Jun 2016 14:31
LONDON (Alliance News) - Totally PLC said Chairman Bob Holt bought 20,000 shares at a price of 62 pence per share on Monday.
Following this share purchase, Holt is beneficially interested in 820,000 shares, or a 4.10% stake.
Last Thursday the healthcare services provider said it has struck a GBP7.7 million deal to acquire About Health Ltd as it reported a slightly narrowed loss for 2015.
Totally will pay GBP1.8 million upfront to acquire About Health, with the balance to be deferred and paid based on About Health meeting performance targets through to March 2019.
The acquisition came as Totally said its pretax loss for 2015 narrowed to GBP410,000 from GBP440,000 a year earlier, as revenue dipped to GBP577,000 from GBP609,000.
The stock was down 2.2% at 61.11p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
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