MayAir unaware of reason for share price surge

AIM-listed air purifier manufacturer MayAir noted the surge in its share price on Monday and said it was not aware of any reason for the move.

“As announced by the company on 5 August 2016, MayAir has recently commenced a share buyback programme following the approval granted by its shareholders at the group's annual general meeting earlier this year.”

At 1000 BST, shares were up 21% to 92.50p.