DSW Capital PLC - Warrington, England-based professional services licence network and owner of the Dow Schofield Watts brand - Chief Executive Officer James Dow buys 89,000 shares at 92 pence each, worth GBP81,880, in London on Friday. Dow is now interested in 3.2 million shares, a 14.7% stake.

Earlier Friday, DSW says it will not achieve current market expectations for its full financial year, as its second-half has been hurt by wider macroeconomic conditions and uncertainties. Chief Executive James Dow says the firm is "extremely frustrated" by this following a very strong first half of the year.

It revises its guidance for the financial year ending March 31 to between GBP2.8 million and GBP3.1 million for revenue and between GBP1.4 million and GBP1.7 million for earnings before interest, tax, depreciation and amortisation. In its last financial year, revenue stood at GBP3.0 million and Ebitda totalled GBP2.2 million.

Current stock price: 90.60 pence, down 23% on Friday

12-month change: down 26%

By Sophie Rose, Alliance News reporter

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