Monday 7th July 2008
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Optos chairman lifts stake after bullish update

Optos chairman lifts stake after bullish update

29.01.2008

This genius investor does dizzying levels of research to uncover...Half Price Shares!

Retinal screening company Optos said today its non-executive chairman John Padfield has bought 40,335 shares in the company, taking his stake to more than 215,000, or 0.31%.

He paid 117p for each share for a total cost of £47,192.

His purchase follows a confident interim statement yesterday, in which the Dunfermline-based company reiterated that it expects revenues to grow by 20-25% this year, with sales especially strong in the US and Germany.

Padfield, a former lecturer at the University of Bath, is also a director of Cambridge Laboratories, a pharmaceutical company, and NextPharma Technologies, which supplies services to the pharmaceutical and biotechnology industry.

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