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Director dealings: DS Smith finance director invests, Mattioli Woods COO sells stake

(Sharecast News) - Key personnel from DS Smith and Mattioli Woods were on the list of director dealings on Friday after both companies made regulatory announcements. Richard Pike, the group finance director of packaging company DS Smith, invested in the firm by purchasing 88,715 of its shares.

According to the disclosure, Pike bought the shares on 12 October at a price of 283.5p, totalling an investment of £251,507.03.

The transaction took place on the London Stock Exchange.

On a parallel note, Iain McKenzie, chief operating officer of wealth and asset manager Mattioli Woods, sold shares following an exercise of options announced on 4 October.

The transaction, executed on 12 October, saw McKenzie sell 6,068 shares at a unit price of 523p, accumulating to £31,735.64.

After the transaction, McKenzie retained an interest of 12,089 shares, equivalent to a 0.02% stake in the company's issued share capital.

At 1625 BST, shares in DS Smith were down 0.74% at 280.7p, while those in Mattioli Woods were flat at 520p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Smith (ds) (SMDS) Director name: Pike,Richard Amount purchased: 88,715 @ 283.50p Value: £251,507.03

Integrated Diagnostics Holdings (IDHC) Director name: El Sherbini,Hend Amount purchased: 55,213 @ $0.46 Value: $25,386.94

Integrated Diagnostics Holdings (IDHC) Director name: El Sherbini,Hend Amount purchased: 55,213 @ $0.46 Value: $25,386.94

Jpmorgan American Inv Trust (JAM) Director name: Yuen,Pui Kei Amount purchased: 2,500 @ 809.52p Value: £20,238.00

Spirent Communications (SPT) Director name: Buggie,Maggie Amount purchased: 20,229 @ 97.76p Value: £19,775.81

Spirent Communications (SPT) Director name: Buggie,Maggie Amount purchased: 10,229 @ 97.76p Value: £9,999.87

Dowlais Group (DWL) Director name: Harrison,Philip Amount purchased: 9,830 @ 101.18p Value: £9,945.99

Gresham House Energy Storage Fund (GRID) Director name: Liu ,Isabel Amount purchased: 9,002 @ 88.87p Value: £8,000.08

Aj Bell (AJB) Director name: Stott,Roger Amount purchased: 55 @ 274.53p Value: £150.99

Firstgroup (FGP) Director name: Mangold,Ryan Amount purchased: 102 @ 146.14p Value: £149.06

Top Director Sells

Utilico Emerging Markets Ltd (di) (UEM) Director name: Rennocks,John Amount sold: 24,281 @ 214.42p Value: £52,064.53

Motorpoint Group (MOTR) Director name: Carpenter,Mark Amount sold: 50,000 @ 85.00p Value: £42,500.00

Motorpoint Group (MOTR) Director name: Carpenter,Mark Amount sold: 40,000 @ 85.00p Value: £34,000.00

Mattioli Woods (MTW) Director name: McKenzie,Iain Amount sold: 6,068 @ 523.00p Value: £31,735.64

Motorpoint Group (MOTR) Director name: Carpenter,Mark Amount sold: 10,000 @ 83.00p Value: £8,300.00

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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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