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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: Asos co-founder sells 1m pounds worth of shares

(Sharecast News) - Asos co-founder Nick Robertson sold shares in the digital fashion retailer. On 28 June, the non-executive director sold 259,389 shares at £4.013 apiece, for a total transaction amount of just over a million pounds.

Some seven weeks before, Asos had posted an interim loss of £291m, against a £15.8m profit achieved during the same period one year before.

The former stock market darling said at the time that it had £408.6m of cash and undrawn facilities.

Its forecast for the full-year however included an outflow of approximately £100m.

Top Director Buys

Revolution Beauty Group (REVB) Director name: Holt,Robert Amount purchased: 1,000,000 @ 26.00p Value: �259,999.99

Icg Enterprise Trust (ICGT) Director name: Warnock,David Amount purchased: 10,000 @ 1,075.00p Value: �107,500.00

Pz Cussons (PZC) Director name: Myers,Jonathan Amount purchased: 61,050 @ 163.79p Value: �99,994.41

Workspace Group (WKP) Director name: Owen,Duncan Amount purchased: 10,600 @ 472.80p Value: �50,116.80

Revolution Beauty Group (REVB) Director name: Zissman,Derek Amount purchased: 100,000 @ 30.50p Value: �30,500.00

Woodbois Limited (WBI) Director name: Dolan,Paul Tiernan Amount purchased: 4,000,000 @ 0.72p Value: �28,800.00

Paragon Banking Group (PAG) Director name: Terrington,Nigel S Amount purchased: 4,632 @ 527.00p Value: �24,410.64

Molten Ventures (GROW) Director name: Davis,Martin Amount purchased: 8,721 @ 229.00p Value: �19,971.09

Newriver Reit (NRR) Director name: Hobman,Will Amount purchased: 22,724 @ 87.52p Value: �19,888.04

Newriver Reit (NRR) Director name: Hobman,Will Amount purchased: 22,748 @ 87.42p Value: �19,886.30

Molten Ventures (GROW) Director name: Davis,Martin Amount purchased: 8,735 @ 227.00p Value: �19,828.45

Dowlais Group (DWL) Director name: Innes,Alexandra Amount purchased: 13,938 @ 124.83p Value: �17,398.80

Elecosoft Public Limited Company (ELCO) Director name: Pritchard,Neil Amount purchased: 20,000 @ 78.14p Value: �15,628.00

Paragon Banking Group (PAG) Director name: Woodman,Richard Amount purchased: 2,926 @ 527.00p Value: �15,420.02

Sdcl Energy Efficiency Income Trust (SEIT) Director name: Knowles,Christopher Amount purchased: 20,000 @ 75.24p Value: �15,047.58

Molten Ventures (GROW) Director name: Davis,Martin Amount purchased: 4,300 @ 231.00p Value: �9,933.00

Sdcl Energy Efficiency Income Trust (SEIT) Director name: Knowles,Christopher Amount purchased: 12,000 @ 75.36p Value: �9,043.72

Woodbois Limited (WBI) Director name: Dolan,Paul Tiernan Amount purchased: 1,000,000 @ 0.77p Value: �7,700.00

Woodbois Limited (WBI) Director name: Dolan,Paul Tiernan Amount purchased: 1,000,000 @ 0.70p Value: �7,000.00

Odyssean Investment Trust (OIT) Director name: King,Richard Amount purchased: 2,484 @ 155.25p Value: �3,856.41

Wood Group (john) (WG.) Director name: Ferguson,Jacqui Amount purchased: 2,503 @ 131.00p Value: �3,278.93

Marston's (MARS) Director name: Lea,Bridget Amount purchased: 36,703 @ 0.27p Value: �100.00

Top Director Sells

Asos (ASC) Director name: Robertson,Nicholas Amount sold: 250,389 @ 401.30p Value: �1,004,811.06

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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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