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Director dealings: Checkit CEO snaps up shares

(Sharecast News) - Checkit revealed on Thursday that chief executive Kit Kyte had acquired 618,745 ordinary shares in the AIM-listed automated monitoring platform operator. Kyte, who took over as CEO in June 2021, purchased the shares at an average price of 16.16p each, for a total value of £100,001.57.

Following the transactions, Kyte holds a beneficial interest in 2.49m ordinary Checkit shares, representing approximately 2.31% of the company's issued share capital.

As of 1540 BST, Checkit shares were up 3.03% at 17p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Seplat Energy (di) (SEPL) Director name: O. Elumelu,Tony Amount purchased: 6,000,000 @ 887.00p Value: £53,219,999.31

Hansa Investment Company Limited (di) (HAN) Director name: Lightowler,Richard Amount purchased: 74,000 @ 338.00p Value: £250,120.01

Checkit (CKT) Director name: Kyte,Kit Amount purchased: 618,745 @ 16.16p Value: £100,001.57

Tracsis (TRCS) Director name: Paterson,Ross Amount purchased: 7,585 @ 329.50p Value: £24,992.58

Tracsis (TRCS) Director name: Routh,James Amount purchased: 6,271 @ 318.90p Value: £19,998.22

Costain Group (COST) Director name: Quinlan,Anthony (Tony) James Amount purchased: 5,692 @ 262.16p Value: £14,922.15

Seen (SEEN) Director name: Hargrave,Adrian Amount purchased: 100,000 @ 5.05p Value: £5,050.00

Tracsis (TRCS) Director name: Routh,James Amount purchased: 1,567 @ 318.90p Value: £4,997.16

Top Director Sells

Babcock International Group (BAB) Director name: Mellors,David Amount sold: 135,451 @ 988.72p Value: £1,339,231.18

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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.