LONDON (Alliance News) - Avesco Group PLC said Chairman Richard Murray sold 540,000 shares at a price of 175 pence per share Thursday, all of which have been purchased by senior executives, including the following executive directors:
| Number |
Graham Andrews | 270,000 |
John Christmas | 50,000 |
David Crump | 200,000 |
Following these transfers, the shareholdings of the directors concerned is now as follows:
| Number | % of Total Voting Rights |
Richard Murray | 5,181,211 | 27.16 |
Graham Andrews | 562,183 | 2.95 |
John Christmas | 200,371 | 1.05 |
David Crump | 416,384 | 2.18 |
The media service saw its shares rise early Thursday after it swung to a profit in the first half of its financial year, driven by its Creative Technology business, and said the outlook for the second half is just as encouraging meaning its full year results are again likely to exceed its previous expectations.
The stock was up 26.2% at 178.00p Thursday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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