Johnston board buy up shares

All the non-executive directors at Johnston Press bought tens of thousands of shares each yesterday at above-market prices. Chairman Ian Russell, who bought more than 248,000 shares at 5p each, and senior independent director Mark Pain who bought 81,000, were among the six directors splashing out on stakes in the troubled media group. Shares in Johnston Press closed down 1.88 per cent at 4.71p yesterday.