Oilfield services company John Wood Group said both its chairman and chief executive bought sizeable stakes in the company last week.
Chairman Ian Wood spent £3.1m buying 1.5m shares at 2.03p each, while chief executive Allister Langlands acquired 200,000 shares at £1.97. Both transactions were carried out last Friday.
After the transaction, Woods' stake increased to 89.9m shares or 17% of the group, while Langlands stake rises to 2.1m shares or 0.4%.
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