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Royal Mail chairman Peter Long buys 50,000 Royal Mail shares costing 220k

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POSTMAN
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Royal Mail chairman Peter Long buys 50,000 Royal Mail shares costing 220k

Post by POSTMAN »

http://www.lse.co.uk/AllNews.asp?code=7 ... rst_Shares" onclick="window.open(this.href);return false;

Postal service Royal Mail Group PLC Thursday said its new Chairman Peter Long bought shares having assumed the role in September.


Long bought 50,000 shares at 444p each on Wednesday, which is his only holding. The purchase was worth £222,000.

http://www.londonstockexchange.com/exch ... 27773.html" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
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The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
genesis
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Re: Royal Mail chairman Peter Long buys 50,000 Royal Mail shares costing 220k

Post by genesis »

I wonder how He anticipates ,an increase in his investment?
He was In travel for years,But did see through a 5.6 billion merger between tui travel and tui ag.
Just wondering.
rambo1
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Re: Royal Mail chairman Peter Long buys 50,000 Royal Mail shares costing 220k

Post by rambo1 »

genesis wrote:I wonder how He anticipates ,an increase in his investment?
He was In travel for years,But did see through a 5.6 billion merger between tui travel and tui ag.
Just wondering.
well he's getting ten grand a yr in divs in the meantime and we all know how busy the business is. It's up to him to turn that business into profit.