(Alliance News) - Equiniti Group PLC said Chair Philip Yea bought 20,000 shares at a price of 194.30 pence per share on Wednesday, in a deal worth almost GBP39,000.
Yea's total shareholding was not disclosed.
On Tuesday, the company, which handles most of the FTSE 100's dividend payments, warned underlying earnings before interest, taxes, depreciation and amortisation for 2019 will be at the lower end of market estimates of between GBP136 million and GBP142 million due to lower activity in the higher margin UK corporate business.
The stock closed up 0.2% at 197.27p in London on Wednesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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