IN BRIEF: Dowlais execs buy £300,000 in shares after guidance cut

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Dowlais Group PLC - London-based specialist engineering group focused on the automotive sector - Chief Executive Officer Liam Butterworth buys 415,133 shares at 59.77 pence, worth £248,125, on Tuesday. Chief Financial Officer Roberto Fioroni, buys 83,925 shares at 59.13p, worth £49,625, also on Tuesday.

Dowlais shares closed down 4.1% on Tuesday after reporting a 10% decline in revenue in the first half of 2024 and lowering its full-year guidance, amid downturn a in the automotive industry.

Current stock price: 61.70p, up 5.1% on Wednesday morning in London

12-month change: down 47%

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