18th Nov 2015 15:32
LONDON (Alliance News) - Property investor U and I Group PLC on Wednesday said its chief executive's wife, its deputy chief executive and its finance director have all bought shares in the company.
Lucy Weiner, the wife of chief executive Matthew, bought 15,500 shares in the company at 229.00 pence per share on Tuesday, increasing Weiner's beneficial interest to 211,213 shares.
Deputy Chief Executive Richard Upton bought 30,750 shares at 228.00p per share, increasing his holding to 2.8 million shares, or a 2.3% stake.
Finance Director Marcus Shepherd and his wife, Rebecca King, bought 8,629 shares at 231.75p per share, increasing their shareholding to 119,925 shares.
U and I recently changed its name from Development Securities PLC, following from its acquisition of Cathedral Group, the London-based regeneration developer.
Shares in U and I were up 0.9% to 229.00p on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
UAI.L