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Director dealings: Gleeson CEO picks up shares, Wicks CFO covers tax bill

(Sharecast News) - Low-cost housebuilder MJ Gleeson was on the list of director buys on Friday after its chief executive officer picked up more than 12k shares. The company said Graham Prothero purchased 12,439 shares on 14 September in a single transaction on the London Stock Exchange.

He paid 398p for each share, valuing the purchase at a total of £49,507.22.

Following the purchase, MJ Gleeson said Graham Prothero held 48,276 shares, of which 30,368 were held in his name, and Miranda Prothero held 17,908 shares.

That represented 0.08% of the company's issued share capital.

Wickes entered the director sales list after its chief financial officer exercised share options before selling a tranche to cover his tax bill.

The company said Mark George exercised nil-cost options over 110,025 shares before selling 51,895 on the London Stock Exchange on 14 September.

George netted 144.9p for each share, giving the sale a total value of £75,195.86.

At 1314 BST, shares in MJ Gleeson were up 3.84% at 411.21p, while those in Wickes Group were ahead 0.56% at 146.82p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Mj Gleeson (GLE) Director name: Prothero,Graham Amount purchased: 12,439 @ 398.00p Value: £49,507.22

Empyrean Energy (EME) Director name: Kelly,Thomas Amount purchased: 2,109,375 @ 0.80p Value: £16,875.00

Empyrean Energy (EME) Director name: Bisht,Gajendra Amount purchased: 1,799,242 @ 0.80p Value: £14,393.94

Discoverie Group (DSCV) Director name: Baxter,Celia Amount purchased: 2,791 @ 7.16p Value: £199.84

Superdry (SDRY) Director name: Wills,Shaun Amount purchased: 340 @ 44.10p Value: £149.94

Top Director Sells

Wickes Group (WIX) Director name: George,Mark Amount sold: 51,895 @ 144.90p Value: £75,195.86

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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