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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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.
Top Director Buys
Value: £956,882
Value: £95,100
Value: £30,000
Value: £28,252
Value: £23,260
Value: £17,671
Value: £13,412
Value: £13,215
Value: £13,091
Value: £11,182
Top Director Sells
Value: £94,650
-
Christmas at Chatsworth: review of The Cavendish Hotel at BaslowMoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
-
Tycoon Truong My Lan on death row over world’s biggest bank fraudProperty tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
