(Alliance News) - Housebuilder Abbey PLC on Wednesday said a company associated with Executive Chair Charles Gallagher, Directors David Gallagher and Avril Gallagher bought GBP33.1 million worth of shares.
Gallagher Holdings Ltd bought 2.1 million shares, around 9.5% interest, at a price of GBP15.75 each in a transaction on Wednesday.
The total interest of Gallagher Holdings following the transaction was not disclosed.
Abbey shares were up 5% at 1,265.00 pence each on Wednesday afternoon in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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