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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Ferguson non-exec invests, Helios Underwriting chair gets dividend alternative

(Sharecast News) - Ferguson was on the list of director buys on Friday, after a non-employee director picked up almost $65k worth of shares. The company said Kelly Baker bought 400 of its shares on 13 July, in a single transaction on the New York Stock Exchange.

Baker paid $162.12 for each share, valuing the investment at a total of $64,848.

Elsewhere, Helios Underwriting disclosed that its executive deputy chairman had been issued shares after choosing to receive a scrip alternative to the 2022 total dividend.

It said Nigel Hanbury was issued 23,674 shares in Friday at the scrip dividend reference price of 175p apiece.

Following the exercise, Hanbury was now interested in 9,386,032 shares, representing 12.13% of its total voting rights.

At 1517 BST, shares in Ferguson were up 0.61% in London at 12,405p, while those in Helios Underwriting were ahead 2.77% at 167p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Ferguson (FERG) Director name: Baker,Kelly Amount purchased: 400 @ $162.12 Value: $53,474.06

Helios Underwriting (HUW) Director name: Hanbury,Nigel Amount purchased: 23,674 @ 175.00p Value: �41,429.50

Spiritus Mundi (SPMU) Director name: Peh,Zaccheus Amount purchased: 10,000 @ 6.00p Value: �600.00

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