17th May 2016 10:27
LONDON (Alliance News) - TT Electronics PLC Tuesday said Chairman Neil Carson bought 50,000 shares at a price of 134.36 pence per share on Monday.
Following this transaction, Carson now holds 150,000 shares, which represents 0.092% stake in the firm.
TT Electronics on Monday said it signed a new GBP150.0 million, five-year multi-currency revolving credit facility with seven unnamed relationship banks. TT said the new facility replaces its existing GBP75.0 million multi-currency and USD60.0 million loan facilities, which had been due to expire in August 2017.
Shares in the electrical components maker were up 4.7% at 135.00p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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