C&C director Philip Lynch has bought 30,000 shares in what will be seen as a vote of confidence in the company's prospects after a sharp fall in its share price yesterday.
The shares fell almost 10% at one stage on Wednesday after a trading statement said the company's operating profits would grow by 15-25% in the coming financial year, well below what analysts had expected.
The shares closed yesterday at €10.50, while Mr Lynch bought the shares today at a price of €10.75 as they staged a slight recovery today.
