Director’s buy-in sparks share price spike
Shares in manufacturer Victoria have jumped up 25% in two days following the £1m-plus share purchase by non-executive director Alexander Anton.
Victoria's shares closed at 326p on Thursday on the Alternative Investment Market, but climbed to 413p last night - adding more than £100m to the company's market value.
Anton invested £1.22m in share purchases on Wednesday and Thursday last week, buying at 321p and 320p as the shares hit a three-year low.
Alexander Anton is the former chairman of Victoria Carpets and the great... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...