Restaurant Group non-executive Tony Hughes has invested more than £900,000 in the company.
Hughes has more than quadrupled his stake in the Garfunkels and Chiquito restaurants operator to 400,000 shares He bought 308,524 shares at 294.74p a share. By buying now Hughes will receive the 7.46p a share final dividend on the newly acquired shares in June - just over £23,000 of additional dividend.
At the beginning of January, Hughes bought 81,746 shares at 274.2p each - a cost of £223,000. He previously owned 10,000 shares and he has invested more than £1.13m in the company this year.
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Hughes has been a non-executive director of Restaurant Group since January 2008. He joined just after leaving Mitchells & Butler, where he was head of the restaurants division between 1995 and 2007. He had previously worked for Whitbread, Devenish and B&Q.
Earlier this month, concessions director Trish Corzine raised £718,000 from a share sale at 295.74p a share. These shares came from the exercise of options and other incentive shares.
Tourists flocking to its Garfunkel's outlets in Central London helped Restaurant Group come though the weather, ash clouds and recession last year in decent shape.
Profits in 2010 rose by 17% to £56.5m, from £48.3m, on revenues up 7% at £466m. Like-for-like sales fell by 1%.
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