News Column

DIRECTOR DEALINGS: Blinkx CEO Buys 250,000 Shares After Price Drop

July 3, 2014

Arvind Bhunjun

LONDON (Alliance News) - Blinkx PLC Thursday said Chief Executive Officer Subhransu Mukherjee bought 250,000 shares on Wednesday at a price of GBP0.34 per share, more than doubling his holding.

Shares in the online advertising company fell by 45% on Wednesday after it said its earnings before interest, tax, depreciation and amortisation will be around USD5 million below management expectations. The stabilized Thursday, closing down 2.4% at 30.75 pence.

Following his transaction, Mukherjee holds 400,000 shares.

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Source: Alliance News

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