RICO BACK BUYS MORE THAN £500,000 IN ROYAL MAIL SHARES

RICO BACK BUYS MORE THAN  £500,000 IN ROYAL MAIL SHARES

Royal Mail has reported to investors that Chief Executive Officer Rico Back bought £537,676.80 worth of shares in 13 transactions on 6 February – the same day the company announced that its core UKPIL business could be loss making in the upcoming 2021 financial year.

Back purchased a total of 300,000 shares at an average price of £1.79 each.

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