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IN BRIEF: City Pub Group chair and senior director buy 150,000 shares

28th Apr 2022 15:40

City Pub Group PLC - London-based operator of 40-strong pub chain in London, southern England and Wales - Executive Chair Clive Watson buys 100,000 shares at 80.50 pence and Senior Independent Non-Executive Director Richard Prickett buys 50,000 shares at 81.0p, together worth about GBP120,750, on Wednesday.

Watson now has 3.5 million shares, a 3.4% stake. Prickett has 124,130 shares. City Pub Group on Wednesday reported a narrowed pretax loss of GBP3.1 million versus GBP7.6 million in 2020, as revenue rose 37% to GBP35.4 million from GBP25.8 million. The company said it plans to reinstated dividends in response.

Current stock price: 91.00p, up 8.3% on Thursday

12-month change: down 27%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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