This article is more than 1 year old

Lastminute execs spend their own cash shoreing up business

Buy £110k worth of shares's high profile management stumped up some of their own cash to boost confidence in the business.

Chief exec Brent Hoberman, and chairman Allan Leighton, each coughed up £50,000 on shares in the business. Martha Lane Fox, chief operating officer, invested £10,000.

Yesterday the company had a market value of £75 million. At its peak it was valued at about £733 million. ®

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