Sunday, April 14, 2024
CEOWORLD magazine - Latest - Banking and Finance - Synthomer CFO Lily Liu Buys Shares

Banking and Finance

Synthomer CFO Lily Liu Buys Shares

On Tuesday, Synthomer reported that its Chief Financial Officer, Lily Liu, had acquired 20,000 ordinary shares in the FTSE 250-listed chemical company. Liu, who assumed the role of CFO in July 2022, bought these shares on Monday at an average price of 205.0p per share, totaling around $50,000.

In September, Synthomer announced a $336.0 million rights issue in conjunction with a decline in first-half revenue and earnings. The company revealed that revenue from continuing operations had decreased by 12.5% in the six months ending on June 30, amounting to around $1.3 billion, and EBITDA was down by 55.8% at approximately $87.7 million.


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CEOWORLD magazine - Latest - Banking and Finance - Synthomer CFO Lily Liu Buys Shares
Anna Siampani
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