One month after selling more than 2m shares in 1st Dental Laboratories Peter Gyllenhammar has bought an additional 450,000.
This takes his stake back up to 6.2%. The fall in the share price appears to have triggered further interest from Gyllenhammar.
The 1st Dental share price was around 5p a share at the time Gyllenhammar was selling but it had fallen to 2.625p by yesterday. That is a similar level to when Gyllenhammar started buying. Since the stake was increased it has risen to 3p a share, which values 1st Dental at £1.26m.
1st Dental says that it expects to return to profit in the six months to May 2010.
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