Nigel Wray has bought a further 50,000 shares in Franchise Brands (LON: FRAN) at 120p each, taking the non-executive director’s stake to 16.07 million shares.
Earlier in month, executive chairman Stephen Hemsley acquired 50,000 shares at 120.5871p each. He owns 22.9 million shares. Previously, finance director Andrew Mallows exercised options over 305,682 shares and sold them all for prices between 126p and 137.2934p. The options were exercised at 88p or less.
Slater Investments has raised its shareholding from 15.03% to 16.01%.
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