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DIRECTOR DEALINGS: Incoming Arrow Global CFO Takes Initial Stake

LONDON (Alliance News) - Debt purchaser and manager Arrow Global Group PLC said on Thursday ...

Alliance News 7 December, 2017 | 12:13PM
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LONDON (Alliance News) - Debt purchaser and manager Arrow Global Group PLC said on Thursday incoming Chief Financial Officer Paul Cooper has taken a stake in the company.

Arrow Global said Cooper bought 64,697 shares on Wednesday at a price of GBP3.845 per share, for a total cost of GBP248,760.

The shares represent 0.04% of the company's issued share capital.

The company announced back in October that Cooper, who begins on January 1, will replace outgoing CFO Rob Memmott, who is leaving the firm after six years in the role.

Cooper was previously finance director for five years at insurer Hiscox Ltd.

Arrow Global shares were down 0.9% midday on Thursday at 373.75p.

By George Collard; georgecollard@alliancenews.com

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Hiscox Ltd 1,372.00 GBX 1.18 -
Arrow Global Group PLC 366.00 GBX -2.40 -
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