LONDON (Alliance News) - TP Group PLC Tuesday said Chief Executive Officer Phil Cartmell bought 424,000 shares at 3.375 pence per share on Monday.
Following the purchase, Cartmell now holds 2.5 million shares, equal to 0.60% of the issued share capital.
The company also said Chief Financial Officer Derren Stroud bought a total of 200,000 shares. He bought 93,220 shares at 3.85p each and 106,780 shares at 3.825p each Tuesday.
Following these transactions, Stroud now has a total beneficial interest in 500,000 shares.
In addition, Simon Kings, a director, bought 150,000 shares at 3.46p each on Monday. He now holds 1.2 million shares, equal to a 0.27% stake.
Shares in the technology, engineering and managed solutions group were up 12% at 3.80p Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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