Director dealings: BT director's spouse ups stake

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Sharecast News | 14 May, 2019

A person closely associated with BT non-executive director Matthew Key acquired 18,500 ordinary shares in the FTSE 100-listed firm on Monday.

Karen Key purchased the shares at an average price of 204.70p, for a total value of £37,870.

Four days before, BT posted a drop in revenue and just a slight uptick in full-year profit as a solid performance from the consumer business was offset by weakness in the enterprise segment.

In the year to 31 March 2019, reported revenue nudged down 1% to £23.4bn while pre-tax profit edged 2% higher to £2.6bn. Reported earnings before interest, tax, depreciation and amortisation were down 2% at £7.4bn.

The company left its full-year dividend unchanged at 15.4p a share.

As of 1620 BST, BT shares had inched forward 0.33% to 205.99p.

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