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Director dealings: Arcontech CEO invests, Hargreaves Services director conducts sale-and-repurchase

(Sharecast News) - Matthew Jeffs, chief executive officer of Arcontech Group, disclosed a series of personal share purchases in the company on Monday, amounting to a total of 60,000 ordinary shares. The transactions were carried out over two days, with Jeffs acquiring 50,000 shares at 120p each on 7 November, followed by an additional 10,000 shares at 118p each on 8 November.

That brought his total beneficial interest in Arcontech to 995,000 shares, representing 7.44% of the company's issued share capital.

The trades were executed on the London Stock Exchange.

Meanwhile, Hargreaves Services disclosed that its group property director David Anderson conducted a share sale and immediate repurchase on 8 November.

Anderson sold 2,789 ordinary shares at 564p per share, and promptly reacquired the same volume into an ISA at a slightly lower price of 563.87p per share.

The transaction left Anderson's total holding unchanged at 113,653 shares, representing 0.35% of Hargreaves' issued share capital.

The manoeuvre was also executed on the London Stock Exchange.

At 1339 GMT, shares in Arcontech Group were up 5.26% at 120p, while those in Hargreaves Services were down 3.52% at 567.28p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Arcontech Group (ARC) Director name: Jeffs ,Matthew Amount purchased: 50,000 @ 120.00p Value: £60,000.00

Oncimmune Holdings (ONC) Director name: Goold,John Amount purchased: 333,333 @ 15.00p Value: £49,999.95

Hargreaves Services (HSP) Director name: Anderson,David Amount purchased: 2,789 @ 563.87p Value: £15,726.33

Oncimmune Holdings (ONC) Director name: Macdonald,Alistair Amount purchased: 100,000 @ 15.00p Value: £15,000.00

Arcontech Group (ARC) Director name: Jeffs ,Matthew Amount purchased: 10,000 @ 118.00p Value: £11,800.00

Oncimmune Holdings (ONC) Director name: Gouldstone,Martin Amount purchased: 66,667 @ 15.00p Value: £10,000.05

Top Director Sells

Hargreaves Services (HSP) Director name: Anderson,David Amount sold: 2,789 @ 564.00p Value: £15,729.96

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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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