LONDON (Alliance News) - Driver Group PLC Thursday said Chief Executive Officer Dave Webster bought 50,000 shares at a price of 55 pence per share Wednesday.
Following this transaction, Webster holds around 2 million shares, which represents 6.6% of the issued share capital.
Driver Group on Tuesday said its swung to a loss in the first half of its financial year due to restructuring costs and contract delays which hit its Africa, Asia and Middle East business, although it added that it expects to see an improvement in the second half.
Shares in the construction consultancy were up 4.5% at 58.00p Thursday morning.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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Driver Grp (DRV)