20th Apr 2023 15:07
Melrose Industries PLC - Birmingham-based buyer, manager and seller of manufacturing businesses - Alice Dilnot, wife of Chief Operating Officer Peter Dilnot, buys 32,111 shares at GBP3.80, worth GBP121,970, on Thursday. The purchase is part of a bonus deferral scheme, under which COO Dilnot must use 50% of his 2022 bonus after tax to buy shares held for at least two years. Dilnot now is interested in 65,444 Melrose shares.
Current stock price: 402.70 pence, adjusted for share consolidation following demerger of non-aerospace GKN businesses into Dowlais Group PLC on Thursday.
By Tom Waite, Alliance News editor
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