Director’s Purchase of Shares – Dividend Reinvestment Plan
The Company has today been informed by Mike Dugdale, Chief Financial Officer that, following payment of the fourth dividend for the year ended 31 December 2017, he has purchased, on the 15 December 2017, 447 ordinary shares of 5 pence each at £4.62 per share under the Company’s Dividend Reinvestment Plan.
In addition, the dividend received into his ISA holding was used to purchase a further 158 ordinary shares of 5 pence each on 18 December 2017 at £4.77 per share. Mike Dugdale’s wife also holds an ISA holding which received dividends which were used to purchase a further 145 ordinary shares of 5 pence each at £4.77 per share on the same date.
Further to the commitment made by Mike Dugdale in January 2015 in respect of his directly held shares and June 2015 in respect of his ISA holding, Mike remains committed to take part in the dividend reinvestment plan in respect of his entire direct and indirect ordinary shares, as set out above.
Following these transactions, Mike Dugdale has an interest in 67,340 ordinary shares of 5p each, including his wife’s holding of 13,490 shares, representing in aggregate 0.219% of the issued ordinary share capital of the Company.