National Express's Cosmen continues buying

Spanish transport tycoon Jorge Cosmen, who is a director at National Express, has lifted his stake in the bus and train operator with the purchase of nearly £1m in shares.

The firm said that European Express Enterprises, a firm connected to Cosmen, took just more than 190,000 shares at 503.5p a time.

Following the transaction Cosmen now has about 28.53m shares in National Express, or 18.66% of the firm.

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The purchase comes after he bought nearly 173,000 shares on December 30 at just under 475p each, having already bought over 1m shares at £5.1m the previous day.

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