IN BRIEF: Melrose Chair Chris Grigg and wife buy £74,000 in shares

Melrose Industries PLC - Birmingham, England-based aerospace firm with Engines and Structures divisions that were formerly part of GKN - Non-Executive Chair Chris Grigg and wife Fionna Grigg purchase 18,000 shares at 410.99 pence, worth £73,978, on Friday. The Griggs now have 45,736 shares. Grigg took over as chair of Melrose last week.

Current stock price: 390.40 pence, down 8.0% in London on Monday morning

12-month change: down 42%

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