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Director dealings: Cavendish chair raises stake

(Sharecast News) - Cavendish revealed on Thursday that non-executive chair Lisa Gordon had acquired 450,000 ordinary shares in the AIM-listed financial services firm. Gordon, who took over as chairman in September 2023, purchased the shares on Wednesday at an average price of 9.60p each, for a total value of £43,200.

Following the transaction, Gordon holds a beneficial interest in 1.56m ordinary Cavendish shares, representing 0.41% of the company's issued share capital.

As of 1545 GMT, Cavendish shares were up 6.84% at 10.15p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Glenveagh Properties (cdi) (GLV) Director name: Mulcahy,John Amount purchased: 150,000 @ 191.30p Value: £318,514.50

Cavendish (CAV) Director name: Gordon,Lisa Amount purchased: 450,000 @ 9.60p Value: £43,200.00

Victrex Plc (VCT) Director name: Melling,Ian Amount purchased: 3,500 @ 643.00p Value: £22,505.00

Victoria (VCP) Director name: Hamers,Philippe Amount purchased: 49,472 @ 32.00p Value: £15,831.04

Victoria (VCP) Director name: Hamers,Philippe Amount purchased: 10,599 @ 31.30p Value: £3,317.49

Victoria (VCP) Director name: Hamers,Philippe Amount purchased: 9,768 @ 32.50p Value: £3,174.60

Victoria (VCP) Director name: Hamers,Philippe Amount purchased: 8,180 @ 35.30p Value: £2,887.54

Victoria (VCP) Director name: Hamers,Philippe Amount purchased: 7,500 @ 34.00p Value: £2,550.00

The Magnum Ice Cream Company N.v. (di) (MICC) Director name: Boxmeer,Jean-François Van Amount purchased: 7,800 @ 13.80p Value: £1,076.15

Top Director Sells

Imperial Brands (IMB) Director name: Bomhard ,Stefan Amount sold: 31,062 @ 3,191.37p Value: £991,302.52

Imperial Brands (IMB) Director name: Paravicini,Lukas Amount sold: 17,121 @ 3,191.37p Value: £546,394.00

Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Keswick,Adam Phillip Charles Amount sold: 5,000 @ $67.61 Value: $338,052.48

Imperial Brands (IMB) Director name: McGowan,Murray Amount sold: 7,431 @ 3,191.37p Value: £237,150.51

M. P. Evans Group (MPE) Director name: Coulson,Matthew Amount sold: 9,330 @ 1,232.50p Value: £114,992.25

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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.