Lords Group Trading PLC - London-based distributor of building, plumbing, heating and DIY goods - Says Chief Executive Officer Shanker Patel and ‘his related entities’ purchase total of 538,461 shares at 65 pence each, £350,000 in total. Lords notes 384,615 purchased by a pension fund controlled by Patel. Another 153,846 purchased from pension fund controlled by Rachna Patel, a close associate of Lords Group’s CEO. Says Patel now interested in 53.8 million shares, a stake of just under 33%. In addition, company notes Non-Executive Director Andrew Harrison and associates buy total of 230,770 shares for 65p in total, £150,000 in total.

Current stock price: 65.00p

12-month change: down 23%

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