Nigel Hall has significantly increased his stake in Countrywide.

The former Arcadia finance director has invested further in the business he is chairman of, increasing his shareholding by 42% to over 330,000 shares, following his purchase of 98,000 shares on May 25. 

Hall said the 45-store agricultural products retailer’s strategy has developed “successfully” over the last five years.

Hall said “I have seen the strategy for the business develop successfully over the last five years and recent re-positioning in the light of strong agricultural growth has created a robust platform for further improvement over the next five years. 

“Our customers are increasing in number as our offer continues to focus on meeting the needs of the farmer and rural business and I am confident that our talented team will go on to successfully meet the challenges and opportunities that come from such a dynamic marketplace.”

The company now has an online service as well as 95,000 loyalty card holders.

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