Interserve chief executive Debbie White and chief finance director Mark Whitelin together bought nearly £90,000 worth of shares in the company yesterday.
The share deals went through as Interserve announced losses of £224m and net debt of £502m, expected to rise to a summer peak of £650m.
Despite setting out plans to put the business on a firmer footing, city investors marked down shares on the announcement, which fell by around 12% yesterday from around £1.05 on opening to 95p on market close.
White bought 56,364 shares for £1.05p for £59,688 while Whitelin bought 30,000 shares at a day low of 93p worth £28,125.
Interserve shares continued to fall today down by a further 4%.
from Construction Enquirer http://www.constructionenquirer.com/2018/05/01/interserve-bosses-buy-90000-shares/
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