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MXCPFri, 26th Jun 2015 08:38
LONDON (Alliance News) - MXC Capital Limited Friday said Chairman Peter Rigg bought 2.5 million shares at a price of 3.6 pence per share Thursday.
Following this transaction, Rigg holds 8.5 million shares, which represents 0.33% of the total issued share capital.
Shares in the technology focused merchant bank were up 4.2% at 3.75p Friday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2015 Alliance News Limited. All Rights Reserved.
Ian King, the boss of BAE Systems, lifted his stake in the defence outfit on Wednesday after exercising options as part of the group's executive share option plan. King, who was appointed chief executive in 2008, exercised an option over 221,903 shares at an option price of 264p each under the plan
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