Director dealings: James Cropper chairman raises stake.
James Cropper revealed on Friday that non-executive chairman Mark Cropper had acquired 40,000 ordinary shares in the London-listed papermaker.
Source: Sharecast
Cropper, who took over as chairman in 2010, purchased the shares at an avearge price of 830p each, for a total value of £332,000.01.
Following the purchase, Mark Cropper holds a beneficial interest in 2.438m ordinary Cropper shares, representing approximately 25.5% of the company's issued share capital.
As of 1555 GMT, James Cropper shares were down 1.56% at 711.20p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Cropper (james) (CRPR) Director name: Cropper,Mark A J Amount purchased: 40,000 @ 830.00p Value: £332,000.01
Dp Aircraft I Limited Pref (DPA) Director name: Millar,Howard Amount purchased: 500,000 @ $0.15 Value: $75,000.00
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.