LONDON (Alliance News) - Coms PLC on Monday said Chief Executive Mark Braund has lifted his shareholding in the infrastructure, managed services and smart buildings company.
Monday's transaction saw the purchase of roughly 1.4 million shares in the company, taking Braund's total to 10.2 million, equivalent to a 0.74% stake. The shares were bought at 1.89 pence each.
Braund was named as the new chief executive of Coms in July 2015, having been appointed to the role of non-executive director in March. He was previously the chief executive of Interquest Group PLC, a recruitment company.
Shares in Coms were up 4.1% at 1.90 pence on Monday afternoon.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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