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Lastminute execs spend their own cash shoreing up business

Buy £110k worth of shares

Thu 22 Mar 2001 // 12:30 UTC

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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