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STLTue, 21st Jun 2016 16:11
LONDON (Alliance News) - Stilo International PLC said Chairman David Ashman bought 200,000 shares at 5.85 pence per share on Tuesday.
Following the purchase, Ashman holds 20,9 million shares, or 18.59% of the text conversion software company.
The stock closed down 0.4% at 5.85p Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Shares in Stilo International fell nearly 11% after the company posted a decrease in revenue and profits for 2014. The IT services group said a reduction in software orders along with the shelving of a major conversation project by a European customer dented full-year pre-tax takings. Revenues fell
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