A decent tip-off is always a favourite among gamblers and investors, if, indeed, they are not one and the same thing, and so when the chief executive and chairman of Evoke snapped up shares in the William Hill owner, many in the market took the hint.
Per Widerstrom, who became chief executive of Evoke, formerly 888, in October, bought 900,000 shares at 55.1p each, worth £495,900, while Lord Mendelsohn, the Labour peer who is the group’s non-executive chairman, picked up 250,000 shares for 55.2p apiece, worth £138,000. Limor Ganot, a non-executive director, also bought shares, in her case worth £48,057.
The boardroom buy-up was seen as a sign of the directors’ confidence in the gambling group, which this week reported a first-half loss of £143