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Director dealings: Cake Box CEO raises stake

(Sharecast News) - Cake Box revealed on Monday that chief executive Sukh Chamdal had acquired 10,000 ordinary shares in the AIM-listed cakes retailer. Chamdal, who opened the first Cake Box concept store in 2008, purchased the shares on Friday at an average price of 189p each, for a total value of £18,900.

Following the transaction, Chamdal holds a beneficial interest in 10.29m ordinary Cake Box shares, representing approximately 23.39% of the company's issued share capital.

As of 1530 BST, Cake Box shares were up 2.13% at 189.97p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 44,209 @ 63.00p Value: £27,851.67

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 38,000 @ 65.00p Value: £24,700.00

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 38,000 @ 62.00p Value: £23,560.00

Cake Box Holdings (CBOX) Director name: Chamda,Sukh Ram Amount purchased: 10,000 @ 189.00p Value: £18,900.00

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 27,489 @ 63.00p Value: £17,318.07

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 20,121 @ 64.00p Value: £12,877.44

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 6,223 @ 66.00p Value: £4,107.18

Picton Property Income Ltd (PCTN) Director name: Batten,Mark Amount purchased: 3,337 @ 66.00p Value: £2,202.42

Top Director Sells

Malvern International (MLVN) Director name: Chaffer ,Daniel Amount sold: 34,146 @ 2.10p Value: £717.07

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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.