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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Ao World CEO sells shares

(Sharecast News) - Ao World revealed on Thursday that chief executive John Roberts had disposed of 1m ordinary shares in the FTSE 250-listed electrical retailer. Roberts, who sold the shares via registered charity The Jolly Foundation, offloaded the shares on Monday at an average price of 107p each, for a total value of £1.07m.

Following the transaction, Roberts holds a beneficial interest in 4.54m ordinary Ao World shares, representing approximately 0.79% of the company's issued share capital.

As of 1535 GMT, Ao World shares were down 0.54% at 110p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 138,610 @ 51.00p Value: £70,691.10

Conygar Investment Company (CIC) Director name: Ware,Robert T E Amount purchased: 100,000 @ 32.00p Value: £32,000.00

Discoverie Group (DSCV) Director name: Gibbins ,Simon Amount purchased: 2,601 @ 622.60p Value: £16,193.83

Top Director Sells

Ao World (AO.) Director name: Roberts,John Amount sold: 1,000,000 @ 107.00p Value: £1,070,000.05

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 138,610 @ 51.00p Value: £70,691.10

Conygar Investment Company (CIC) Director name: Ware,Robert T E Amount sold: 100,000 @ 32.00p Value: £32,000.00

Pebble Beach Systems Group (PEB) Director name: Errington,Chris Amount sold: 91,977 @ 20.00p Value: £18,395.40

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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.