Director dealings: Hollywood Bowl director lowers stake
Hollywood Bowl revealed on Wednesday that chief marketing and technology officer Matthew Hart had disposed of 238,000 ordinary shares in the London-listed group.
Hart, who joined the group as its commercial director back in January 2015, sold the shares at an average price of 227.50p each, for a total value of £541,450.02.
Following the sale, which he undertook in order to fund a house purchase and renovations, Hart still held an interest in over 1.0m of Hollywood Bowl's ordinary shares.
Back in May, Hollywood Bowl Group reported total revenues of £67m for the six months ended 31 March, up from £63.6m at the same time a year ago.
The tenpin bowling operator said its like-for-like revenue growth was 4.4%, compared to a growth rate of 4% at the interim in 2018, while group adjusted EBITDA managed to rise to £21.1m from £20.7m.
As of 1625 BST, Hollywood Bowl shares had ticked ahead 0.66% to 229p.