LONDON (ShareCast) - (ShareCast News) - Chris Malley, chief executive officer of technical plastics producer Carclo picked up £83,870 worth of shares in the group on Wednesday.
Malley, who has been with Carclo since 2013, made the purchase of 100,000 ordinary shares at 83.87 pence each.

Carclo announced earlier in the month that its financial performance for the full year would be significantly lower than expected, after the stronger second half performance it was banking on failed to come to pass.

The warning sent Carclo shares into freefall, dropping almost 50% lower to 66p per share from the 126p they were before.

As of 1630 GMT, shares were flat on the day's trading at 84.00p.

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