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Telecoms

BT boss buys shares for £2mln as board members top up

Shares were also bought by non-executive director Ian Conn, Magdalena Du Plessis, a person closely associated with chairman Jan Du Plessis, and Karen Key, a person closely associated with non-executive director Matthew Key

BT Group PLC’s (LON:BT.A) chief executive Philip Jansen has bought 1.8mln shares in the company for £2mln.

Non-executive director Ian Conn bought 50,000 shares for £53,950.

READ: BT Group may save hundreds of millions amid Premier League restart turmoil

Magdalena Du Plessis, a person closely associated with chairman Jan Du Plessis, bought 500,000 shares for £528,500 while Karen Key, a person closely associated with non-executive director Matthew Key, bought 45,753 shares at a cost of £50,200.

The respective prices represent premiums of 7%, 6%, 4% and 8% to Wednesday’s closing price.

Shares in the telecoms firm dipped 1% to 100.65p on Thursday before close.