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Director dealings: Alumasc board members snap up shares

(Sharecast News) - Alumasc revealed on Tuesday that chairman Vijay Thakrar, chief executive Pamela Bingham and chief financial officer Simon Dray had all acquired 25,000 ordinary shares in the London-listed building and engineering products supplier. Thakrar, Bingham and Dray purchased the stock on Monday at an average price of 240p each, for a total value of £60,000 per person.

Following the transactions, Thakrar holds a beneficial interest in 75,000 ordinary Alumasc shares, while Dray has 129,312 ordinary shares and Bingham just the newly acquired 25,000.

As of 1445 BST, Alumasc shares were up 2.04% at 250p.

Reporting by Iain Gilbert at Sharecast.com

See latest RNS at Investegate

Top Director Buys

Alumasc Group (ALU) Director name: Thakrar,Vijay Amount purchased: 25,000 @ 240.00p Value: £60,000.00

Alumasc Group (ALU) Director name: Bingham,Pamela Amount purchased: 25,000 @ 240.00p Value: £60,000.00

Blackrock Smaller Companies Trust (BRSC) Director name: Nash,Louise Amount purchased: 2,472 @ 1,272.98p Value: £31,468.07

Quantum Helium Limited (di) (QHE) Director name: Dumbrell ,Carl Francis Amount purchased: 60,768,948 @ 0.03p Value: £18,838.37

Quantum Helium Limited (di) (QHE) Director name: Scott,Andrew Amount purchased: 52,000,000 @ 0.03p Value: £17,160.00

Oryx International Growth Fund Ltd. (OIG) Director name: Mills,Christopher Amount purchased: 1,200 @ 1,290.00p Value: £15,480.00

Quantum Helium Limited (di) (QHE) Director name: Harvey,Nigel Amount purchased: 33,125,000 @ 0.03p Value: £10,600.00

Top Director Sells

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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.