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Avesco Group

  • BY: Andrew Hore |
  • POSTED: 06/04/2010 |
  • COMMENTS: Add yours

Deputy chairman Richard Murray is the latest board member of Avesco Group to buy shares. 

Taya Investment Company recently increased its stake in the broadcast and presentation equipment supplier and renter to 26.6%. Taya says that it has no immediate intention of bidding for Avesco.

Murray has acquired 300,592 shares at 45.21p each. This is higher than the market price and takes his stake to 19.98%. Chief executive Ian Martin bought 30,000 shares at 43p each at the end of March, taking his stake to 2.7%.

At 42.5p a share, Avesco is valued at £10.6m.

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