News

Optos chairman lifts stake after bullish update

29 January 2008 16:06:00

Retinal screening company Optos said today its non-executive chairman John Padfield has bought 40,335 shares in the company, taking his stake to more than 215,000, or 0.31%.

He paid 117p for each share for a total cost of £47,192.

His purchase follows a confident interim statement yesterday, in which the Dunfermline-based company reiterated that it expects revenues to grow by 20-25% this year, with sales especially strong in the US and Germany.

Padfield, a former lecturer at the University of Bath, is also a director of Cambridge Laboratories, a pharmaceutical company, and NextPharma Technologies, which supplies services to the pharmaceutical and biotechnology industry.
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