LONDON (Alliance News) - Insurer Personal Group Holdings PLC said the wife of Chief Financial Officer Mike Dugdale bought 2,910 shares at a price of 522.60 pence per share Tuesday.
Following this transaction, Dugdale holds an interest in 16,620 shares, representing 0.055% of the issued share capital.
Personal Group Holdings said Tuesday its pretax profit declined in the first half due to acquisition and restructuring costs, though revenue and new business generation both strengthened.
Pretax profit for the employee benefits group was GBP2.9 million in the six months to the end of June, down from GBP3.5 million a year earlier due to acquisition costs and restructuring costs related to the PG Mobile business. Stripping out one-offs, pretax profit was up to GBP4.0 million in the half.
The stock was up 0.2% at 516.00p Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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Personal Group (PGH)