Utilico Investment's directors buy new shares

Two Utilico Investment directors bought some new shares in the company on Monday.

Peter Burrows and Graham Cole purchased 6,286 shares each for an individual price of 118.5p, spending a total of £7,417 each.

As a result, Burrows holds 82,742 shares in the company and Cole holds 19,164.

The Bermuda-based investment company said this year it would declare a third quarterly interim dividend of 1.875p per share for the year ended 30 June 2015, payable in May.