Three executives at Irish fruit multinational Fyffes PLC (L: FFY) have given a vote of confidence in the company through the combined acquisition of 44,820 shares.

Chairman David McCann, finance director Tom Murphy and company secretary Seamus Keenan each bought 14,940 shares at a price of €0.85 per share.

The move takes McCann's holding to more than two million shares, representing 0.68% of share capital, while Murphy and Keenan now hold stakes of 0.21% and 0.11% respectively.

Shares in the company fell slightly by 0.24% Wednesday to 71.33 pence per share, or €0.8538 based on exchange rates at the time of writing.

Fyffes is one of Europe's largest produce companies, recording €585.4 million in revenue in the first half of this year and an adjusted EBITDA of €23.1 million.

The company mainly sells bananas, pineapples and melons, in conventional, bio organic and fair trade forms.

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