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Director dealings: Diploma chair's wife makes £64k investment

(Sharecast News) - Diploma shares were trading slightly firmer on Wednesday, after the company disclosed a share purchase made by the wife of its chair. The company said Michele Claude Lowden, wife of non-executive chair David Lowden, bought 2,500 shares on Tuesday.

She paid 2,575.65p for each share, valuing the transaction at £64,391.27.

Following the transaction, Diploma said David Lowden's beneficial holding amounted to 2,500 shares.

Elsewhere, the Gym Group was in the green, after a new non-executive director spent over £50,000 on a tranche of shares.

The company said Richard Stables bought 35,000 shares on Tuesday for 144.9p apiece, for a total of £50,713.95.

Stables was appointed to the role and the board on Tuesday, as one of two fresh non-executive additions to the Gym Group.

At 1120 BST, shares in Diploma were up 0.16% at 2,540p, while those in the Gym Group were ahead 0.42% at 142.8p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Diploma (DPLM) Director name: Lowden,David S Amount purchased: 2,500 @ 2,575.65p Value: £64,391.27

The Gym Group (GYM) Director name: Stables,Richard Amount purchased: 35,000 @ 144.90p Value: £50,713.95

Pharos Energy (PHAR) Director name: Brown,Jann M Amount purchased: 26,643 @ 24.57p Value: £6,547.22

Norman Broadbent (NBB) Director name: Davidson,Kevin Amount purchased: 42,119 @ 4.72p Value: £1,988.02

Pharos Energy (PHAR) Director name: Rivett,Sue Amount purchased: 3,968 @ 24.57p Value: £975.09

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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.

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