Hilton director takes a meaty chunk

Colin Patten, Hilton Foods' commercial director, has spent nearly £m lifting his stake in the meatpacker.

He bought 150,000 shares, taking 100,000 at 164p and 50,000 at 166p, spending a total of £247,000.

Following the transaction, Patten who joined Hilton at its inception in 1994 and is responsible for procurement and business development, has about 4.5m shares or about 6.4%.

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Patten is a freeman of the City of London through the Worshipful Company of Butchers.

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