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Director dealings: Franchise Brands co-founder snaps up shares

(Sharecast News) - Franchise Brands revealed on Thursday that executive chairman Stephen Hemsley had acquired 72,500 ordinary shares in the AIM-listed franchise operator. Hemsley, who co-founded Franchise Brands in 2008, purchased the shares on Wednesday at an average price of 116.14p each, for a total value of £84,199.98.

Following the transaction, Hemsley holds a beneficial interest in 22.97m ordinary Franchise Brands shares, representing 11.85% of the company's issued share capital.

As of 1525 GMT, Franchise Brands shares were down 0.84% at 117.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Franchise Brands (FRAN) Director name: Hemsley,Stephen Amount purchased: 72,500 @ 116.14p Value: £84,199.98

Chesnara (CSN) Director name: Murray,Steve Amount purchased: 17,327 @ 292.83p Value: £50,737.96

Everplay Group (EVPL) Director name: Weider,Mikkel Amount purchased: 21,526 @ 234.00p Value: £50,370.84

Savills (SVS) Director name: Orders,Richard Amount purchased: 5,000 @ 830.50p Value: £41,525.00

Sigmaroc (SRC) Director name: Beek,Jan Van Amount purchased: 22,000 @ 122.00p Value: £26,840.00

M. P. Evans Group (MPE) Director name: Ashton,Tanya Amount purchased: 669 @ 1,492.92p Value: £9,987.63

Top Director Sells

Taseko Mines Limited Npv (di) (TKO) Director name: Hallbauer,Russell Amount sold: 100,000 @ $8.56 Value: $506,419.00

Chesnara (CSN) Director name: Howard,Tom Amount sold: 14,890 @ 295.11p Value: £43,942.04

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 9,000 @ 346.00p Value: £31,140.00

Chesnara (CSN) Director name: Murray,Steve Amount sold: 6,971 @ 297.61p Value: £20,746.40

Macfarlane Group (MACF) Director name: Atkinson,Peter Amount sold: 38,077 @ 6.40p Value: £2,436.93

Macfarlane Group (MACF) Director name: Gray,Ivor Amount sold: 19,680 @ 6.40p Value: £1,259.52

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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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