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Director dealings: Argo Group CEO lowers stake

(Sharecast News) - Argo Group revealed on Thursday that chief executive officer Kyriakos Rialas had disposed of 8.76m ordinary shares in the London-listed underwriter. Rialas, who took over as CEO in 2018, sold the shares at an average price of 5.00p each, for a total value of £438,418.16.

As of 1630 GMT, Argo Group shares had sunk 46.09% to 3.10p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Bhp Group Limited Npv (di) (BHP) Director name: Weisler,Dion Amount purchased: 2,500 @ $40.48 Value: $53,563.62

International Biotech Trust (IBT) Director name: Henderson,Alexa Amount purchased: 6,996 @ 711.06p Value: £49,745.83

Gcp Infrastructure Investments Ltd (GCP) Director name: Brown,Ian Amount purchased: 46,116 @ 75.89p Value: £34,999.65

Pacific Assets Trust (PAC) Director name: Ang ,June Amount purchased: 10,000 @ 343.28p Value: £34,328.00

Tate & Lyle (TATE) Director name: M. Fish,Glenn Amount purchased: 4,000 @ $6.99 Value: $23,047.75

Gran Tierra Energy Inc. (cdi) (GTE) Director name: Guidry,Gary Amount purchased: 3,587 @ $5.73 Value: $16,948.55

Wynnstay Group (WYN) Director name: John Ellwood,Stephen Amount purchased: 1,500 @ 328.40p Value: £4,926.00

Top Director Sells

Argo Group Ltd. (ARGO) Director name: Rialas,Kyriakos Amount sold: 8,768,363 @ 5.00p Value: £438,418.16

Property Franchise Group (TPFG) Director name: Brook,Michelle Amount sold: 8,788 @ 438.50p Value: £38,535.38

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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.