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Director dealings: Lloyds chair buys 0.5m shares, Meggitt directors cover tax bills with sales

(Sharecast News) - Lloyds Banking Group was at the top of the list of director buys on Tuesday, after its chair bought half a million of its shares. The FTSE 100 bank said Robin Budenberg purchased 500,000 of its shares on the London Stock Exchange on Monday.

It said he paid 47.4p for each of the shares, spending £236,999.50 in the process.

Aerospace and defence technology giant Meggitt, meanwhile, featured on the selling side of the ledger, after it disclosed the vesting of incentive plan shares to nine directors.

The FTSE 100 company said its chief financial officer Louisa Burdett was awarded 18,463 shares under its 2020 share incentive and retention plan, which automatically vested on Monday.

Of those, 8,695 shares were sold to cover her taxes and costs, at a price of 754.74p, valuing the sale at £65,624.654.

As a result of the transactions, Burdett's total shareholding now stood at 18,396 shares, or 0.0024% of Meggitt's issued capital.

Top Director Buys

Lloyds Banking Group (LLOY) Director name: Budenberg,Robin Amount purchased: 500,000 @ 47.40p Value: £236,999.50

Senior (SNR) Director name: King,Ian Amount purchased: 100,000 @ 142.02p Value: £142,020.00

Helical (HLCL) Director name: Clayton , Susan (Sue) Amount purchased: 14,000 @ 415.00p Value: £58,100.00

Metro Bank (MTRO) Director name: Winsor,Nick Amount purchased: 50,000 @ 91.02p Value: £45,510.00

Joules Group (JOUL) Director name: York,Caroline Amount purchased: 50,000 @ 59.00p Value: £29,500.00

Dunelm Group (DNLM) Director name: Reeve ,William Amount purchased: 2,000 @ 1,168.70p Value: £23,374.00

Ediston Property Investment Company (EPIC) Director name: Moss,Imogen Amount purchased: 13,126 @ 76.18p Value: £9,999.91

Getbusy (GETB) Director name: Huberman,Paul Amount purchased: 10,000 @ 60.20p Value: £6,020.00

Great Portland Estates (GPE) Director name: Courtauld,Toby Amount purchased: 22 @ 680.75p Value: £149.76

Great Portland Estates (GPE) Director name: Sanderson,Nick Amount purchased: 22 @ 680.75p Value: £149.76

Top Director Sells

Meggitt (MGGT) Director name: Burdett,Louisa Amount sold: 8,695 @ 754.74p Value: £65,624.64

Micro Focus International (MCRO) Director name: Murdoch,Stephen Amount sold: 6,006 @ 378.20p Value: £22,714.69

Ideagen (IDEA) Director name: Carroll,Alan Amount sold: 3,274 @ 221.80p Value: £7,261.73

Ideagen (IDEA) Director name: Carroll,Alan Amount sold: 3,274 @ 221.00p Value: £7,235.54

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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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