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Director dealings: Balfour Beatty's new CEO snaps up shares

(Sharecast News) - Balfour Beatty revealed on Friday that chief executive Philip Hoare had acquired 39,459 ordinary shares in the FTSE 250-listed infrastructure group. Hoare, who took over as CEO earlier in the month, purchased the shares on Monday at an average price of 630.38p each, for a total value of £248,742.08.

As of 1515 BST, Balfour Beatty shares were up 0.88% at 632p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Balfour Beatty (BBY) Director name: Hoare,Philip Amount purchased: 39,459 @ 630.38p Value: £248,742.08

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 125,696 @ 40.00p Value: £50,278.40

Imi (IMI) Director name: Puri,Ajai Amount purchased: 1,000 @ 2,234.60p Value: £22,346.00

System1 Group (SYS1) Director name: Willford,Chris Amount purchased: 6,000 @ 260.00p Value: £15,600.00

Haleon (HLN) Director name: McNamara,Brian Amount purchased: 4,053 @ $4.50 Value: $15,039.35

Time Finance (TIME) Director name: Roberts ,James Amount purchased: 11,404 @ 56.46p Value: £6,438.70

Top Director Sells

Halma (HLMA) Director name: Ward,Jennifer Amount sold: 15,000 @ 3,381.22p Value: £507,182.98

Taseko Mines Limited Npv (di) (TKO) Director name: Pickering,Kenneth Amount sold: 150,000 @ $5.53 Value: $491,096.25

Taseko Mines Limited Npv (di) (TKO) Director name: Pickering,Kenneth Amount sold: 75,000 @ $5.51 Value: $244,660.71

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 33,038 @ 410.50p Value: £135,620.99

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 125,696 @ 40.00p Value: £50,278.40

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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.