23rd Jun 2016 11:10
LONDON (Alliance News) - Whitbread PLC Thursday said Non-Executive Director Chris Kennedy his first shares in the Premier Inn and Costa Coffee parent.
Kennedy bought 1,500 shares at 4,098.45 pence each on Wednesday, which is his only holding.
Kennedy joined the board of Whitbread in March. Kennedy is the chief financial officer at microprocessor designer ARM Holdings PLC, and prior to this was the finance director at budget airline easyJet PLC.
Whitbread on Tuesday reported growth in sales in the first quarter of its financial year and said it is confident of making good progress in the full year.
The stock was up 3.2% at 4,201.00p Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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