Lastminute execs spend their own cash shoreing up business
Buy £110k worth of shares
Posted in e-Business, 22nd March 2001 12:30 GMT
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Lastminute.com'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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