John Conlan, chairman-designate of Urbium, owner of the Tiger Tiger chain of bars, has been backing his company by acquiring 270,000 shares at 10.75p per share.

The stake corresponds to 0.05% of the company and brings Conlan's total holding to 0.17%. Urbium was recently demerged from Chorion, which is now solely an intellectual property company.

Nick Irens, a non-executive director of Urbium, has bought 75,000 shares at 12.25p.

His share purchase takes his total holding to 100,000.