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
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