28th Sep 2018 15:21
LONDON (Alliance News) - Time Out Group PLC on Friday said Non-Executive Chairman Peter Dubens bought 300,302 shares in the company at 83 pence a share on Thursday.
The stock was down 0.6% on Friday at the same price of 83.00p.
The magazine publisher and food markets operator didn't say how many shares Dubens holds in total following the GBP249,251 purchase.
Time Out on Tuesday had reported a narrowed half-year loss with the gap set to narrow further in the rest of 2018, amid strong revenue growth.
For the six months to June, Time Out's revenue rose 20% to GBP22.4 million, with cost of sales remaining flat, helping its pretax loss to shrink to GBP12.1 million from GBP16.3 million.
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