IN BRIEF: Melrose Industries COO buys shares as part of bonus deferral

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Melrose Industries PLC - Birmingham-based buyer, manager and seller of manufacturing businesses - Alice Dilnot, wife of Chief Operating Officer Peter Dilnot, buys 32,111 shares at £3.80, worth £121,970, on Thursday. The purchase is part of a bonus deferral scheme, under which COO Dilnot must use 50% of his 2022 bonus after tax to buy shares held for at least two years. Dilnot now is interested in 65,444 Melrose shares.

Current stock price: 402.70 pence, adjusted for share consolidation following demerger of non-aerospace GKN businesses into Dowlais Group PLC on Thursday.

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