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DIRECTOR DEALINGS: Wife Of Hansteen Incoming Chairman Buys Shares

15th Jun 2016 15:23

LONDON (Alliance News) - Hansteen Holdings PLC Wednesday said Wendy Egglenton, wife of Non-Executive Director Melvyn Egglenton, bought 25,000 shares at 102.75 pence per share on Tuesday.

The purchase is Melvyn Egglenton's only holding in the company.

Hansteen Holdings on June 6 said its Non-Executive Chairman James Hambro will retire from his position in August, and will be replaced by motor dealer Pendragon PLC's Chairman Melvyn Egglenton.

The FTSE 250-listed real estate investment trust said Hambro has served as its non-executive chairman since its launch on the AIM market in November 2005, and will be leaving the board following its interim results on August 23.

Egglenton has served as a non-executive director of Hansteen since June 2014, and has been chairman of Pendragon since May 2013.

The stock was up 0.1% at 102.10p Wednesday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.


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