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Director dealings: CRH, Invinity insiders invest in shares

(Sharecast News) - Two significant director dealings disclosed to the London market on Monday involved insiders in CRH and Invinity Energy Systems. CRH disclosed that director Richard Fearon acquired 10,000 shares at a price of $94.22 each in a transaction conducted on 24 December on the New York Stock Exchange.

Invinity Energy Systems, a provider of utility-grade energy storage solutions, meanwhile reported that three of its top executives purchased a combined total of 404,013 ordinary shares at 14.85p apiece on 27 December.

Non-executive chairman Neil O'Brien acquired 135,000 shares, raising his total stake to 300,625 shares, representing 0.07% of the company's issued share capital.

Chief executive officer Jonathan Marren purchased 134,680 shares, increasing his holding to 414,680 shares or 0.09% of the share capital.

Finally, chief financial officer Adam Howard bought 134,333 shares, bringing his total to 134,333 shares, equivalent to 0.03% of the issued capital.

All three transactions were carried out on the London Stock Exchange.

At the close on Monday, shares in CRH were down 1.2% in London at 7,394p, while those in Invinity Energy Systems were up 10.34% at 16p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Crh (cdi) (CRH) Director name: Fearon,Richard Amount purchased: 10,000 @ $94.22 Value: $776,944.02

Invinity Energy Systems (IES) Director name: O'Brien,Neil C Amount purchased: 135,000 @ 14.85p Value: £20,047.50

Invinity Energy Systems (IES) Director name: Marren,Jonathan Anthony Frank Amount purchased: 134,680 @ 14.85p Value: £19,999.98

Invinity Energy Systems (IES) Director name: Howard ,Adam Amount purchased: 134,333 @ 14.85p Value: £19,948.45

Hydrogen Utopia International (HUI) Director name: White,Howard Amount purchased: 500,000 @ 2.70p Value: £13,500.00

Pinewood Technologies Group (PINE) Director name: Exler,Dietmar Amount purchased: 1,500 @ 345.00p Value: £5,175.00

Card Factory (CARD) Director name: Powell,Pamela Amount purchased: 5,109 @ 96.98p Value: £4,954.58

Pharos Energy (PHAR) Director name: Roe,Katherine Amount purchased: 6,226 @ 23.65p Value: £1,472.57

Pharos Energy (PHAR) Director name: Rivett,Sue Amount purchased: 4,123 @ 23.65p Value: £975.17

Direct Line Insurance Group (DLG) Director name: Poole,Jane Amount purchased: 59 @ 253.05p Value: £149.30

Direct Line Insurance Group (DLG) Director name: Winslow,Adam Amount purchased: 59 @ 253.05p Value: £149.30

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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.