(Sharecast News) - Hilton Food revealed on Monday that executive chair Mark Allen had acquired 42,500 ordinary shares in the FTSE 250-listed food packaging business.

Allen, who took over as executive chair in November, purchased the shares on Friday at an average price of 468p each, for a total value of £198,899.99.

Following the transaction, Allen holds a beneficial interest in 48,450 Hilton Fod shares.

As of 1445 GMT, Hilton Food shares were up 0.85% at 474p.

Reporting by Iain Gilbert at Sharecast.com

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