LONDON (Alliance News) - Quarto Group Inc said Chief Executive Officer Marcus Leaver bought 4,562 shares at a price of 272.34 pence per share on Thursday, following the company's annual results.
Following this transaction, Leaver is interested in 18,562 shares representing approximately 0.09% of issued shares with voting rights.
On Thursday, Quarto posted higher pretax profit and revenue for 2015, held back somewhat by the strong dollar.
Revenue grew across the business in the year, with core publishing performing well, helped by strong trading in children's publishing and foreign rights revenue, while the Ivy Press business it acquired performed ahead of expectations.
Shares in the publishing group were down 4.0% at 256.80p Thursday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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