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Langlands spends £96,000 increasing stake in Exova

ALLISTER Langlands has spent nearly £100,000 increasing his stake in materials testing business Exova Group.

Mr Langlands, formerly the chief executive and chairman at Wood Group, has been the senior independent non-executive director on the board at Exova since its initial public offering in April this year.

A stock market filing revealed he purchased 50,000 shares in the Edinburgh company this week at £1.925 each, a total of £96,250. That increased his holding in Exova to 140,909 shares, which is worth around £266,000.

Separately, Goals Soccer Centres non-executive Philip Burks paid almost £240,000 for an additional 109,000 shares in the East Kilbride based five-a-side football business.

Mr Burks, who paid 220p per share, now has a holding of 372,478 shares.

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