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DIRECTOR DEALINGS: Just Eat Chairman Buys Shares After Interim Results

Tue, 31st Jul 2018 15:14

LONDON (Alliance News) - Just Eat PLC said that Chairman Mike Evans purchased a total of 6,238 shares at a price of 801.491 pence each on Tuesday.

The purchase represents Evans's entire holding in Just Eat.

Shares in Just Eat were down 5.1% at 803.00 pence each on Tuesday afternoon.

Earlier on Tuesday, the online takeaway platform said interim revenue rose 45% to GBP358.4 million from GBP246.6 million year-on-year. Pretax profit declined 3% to GBP48.1 million from GBP49.5 million, due to costs associated with its acquisition of smaller peer Hungryhouse, which completed in January.

The FTSE 100-listed company raised its annual revenue guidance to between GBP740 million and GBP770 million, up from previous expectations of between GBP660 million and GBP700 million.

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Takeaway.com Meets Acceptance Condition For Just Eat Merger

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Takeaway.com Shareholders Approve All-Share Just Eat Merger

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PRESS: Takeaway.com Set To Beat Prosus To Just Eat - Bloomberg

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Monday broker round-up

(Sharecast News) - Rentokil: Peel Hunt reiterates hold with a target price of 455p.

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UPDATE: Prosus Keeps Just Eat Offer Open Despite New Takeaway.com Bid

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TOP NEWS: Just Eat Holds Firm On Takeaway.com Merger, Rejecting Prosus

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