19th Apr 2016 16:58
LONDON (Alliance News) - Tullett Prebon PLC Tuesday said Chief Executive John Phizackerley acquired 132,200 shares in the company on Monday at a price of 342.25 pence each.
Phizackerley is interested in a total of 174,700 shares following the transaction, which is worth around GBP452,796 in total, giving him a 0.717% stake in the interdealer broker.
Tullett Prebon shares closed down 0.1% to 341.60 pence per share on Tuesday.
The company is in the process of purchasing fellow London-listed ICAP PLC's voice-broking business and has until Friday to provide comments supporting its opinion that the deal will not weaken competition to the UK Competition & Markets Authority, which will make a decision on June 8.
By Joshua Warner; [email protected]; @JoshAlliance
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