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DIRECTOR DEALINGS: Porta Communications Chair Buys 1.3 Million Shares

Fri, 27th Mar 2015 10:05

LONDON (Alliance News) - Porta Communications PLC Friday said Chairman Bob Morton bought 1.3 million shares at a price of 7.5 pence per share through Hawk Investments Holdings, a company beneficially owned by Morton and his wife on Thursday.

Following this transaction, Morton is beneficially interested in 34.3 million shares, which represents 12.81% stake in the firm.

Shares in the marketing and communications business were up 8.0% at 8.10p Friday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

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