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DIRECTOR DEALINGS: TalkTalk Executive Chair Dunstone Buys Shares

Wed, 11th Sep 2019 12:17

(Alliance News) - TalkTalk Telecom Group PLC said Wednesday Executive Chair Charles Dunstone bought shares worth GBP4.0 million in the FTSE 250-listed firm in a transaction on Tuesday.

Dunstone - executive chair since 2017, having been chair since 2010 - acquired 3.9 million shares at 103.64 pence each. Shares in TalkTalk were 2.8% higher at 108.50 pence in London on Wednesday, giving the firm a market capitalisation of GBP1.24 billion.

The total holding of Dunstone in TalkTalk was not disclosed. The financial 2019 annual report for the firm showed that Dunstone held 329.1 million shares - or a 29% stake - in TalkTalk as of late May.

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