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Director dealings: Hiscox non-exec take some fees as shares, LSE buyback continues

(Sharecast News) - On the buying side of the ledger on Wednesday was insurer Hiscox, after a non-executive board member chose to take some of his director fees in shares.

The firm said Colin Keogh, an independent non-executive director, had elected to use 50% of his board fees to purchase shares in the company.

On 21 June, the company as a result arranged for the purchase of 1,360 shares on behalf of Keogh.

It said the shares were picked up at a price of 1,100p apiece, valuing the transaction at a total of £14,960.

London Stock Exchange Group was once again on the list of director sells, meanwhile, as its Refinitiv-linked share buyback programme continued.

The stock exchange operator said that on 20 June, York Holdings II sold back another 9,880 shares in the company on the London Stock Exchange itself.

It received 88,637.08p for each share, valuing the transaction at £853,343.50.

LSE Group said in its disclosure that its director Martin Brand is also a director of York Holdings II.

York Holdings II, meanwhile, is understood to be a part of the ownership structure that holds the consideration shares paid by LSE Group to Thomson Reuters and Blackstone on the completion of its acquisition of Refinitiv.

At the close on Wednesday, shares in Hiscox were down 0.27% at 1,092p, while those in London Stock Exchange Group were 1.11% weaker at 8,540p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Dowlais Group (DWL) Director name: Butterworth,Liam Amount purchased: 410,548 @ 120.88p Value: �496,270.41

Dowlais Group (DWL) Director name: Fioroni,Roberto Amount purchased: 164,218 @ 120.88p Value: �198,506.71

Dowlais Group (DWL) Director name: Smith,Simon Mackenzie Amount purchased: 82,108 @ 120.88p Value: �99,252.15

Mobico Group (MCG) Director name: McKeon,Michael J E Amount purchased: 40,000 @ 115.40p Value: �46,159.92

Hiscox Limited (di) (HSX) Director name: Keogh,Colin D Amount purchased: 1,360 @ 1,100.00p Value: �14,960.00

Gooch & Housego (GHH) Director name: Searle,Susan Amount purchased: 1,700 @ 639.00p Value: �10,863.00

Strip Tinning Holdings (STG) Director name: Barton,Richard Amount purchased: 15,000 @ 70.00p Value: �10,500.00

Gresham House Energy Storage Fund (GRID) Director name: Pitt,Cathy Amount purchased: 6,773 @ 147.00p Value: �9,956.31

Dowlais Group (DWL) Director name: Harrison,Philip Amount purchased: 8,258 @ 120.37p Value: �9,940.15

Tullow Oil (TLW) Director name: Miller,Richard Amount purchased: 35,500 @ 27.62p Value: �9,805.10

Tr Property Inv Trust (TRY) Director name: Bolsover,Kate Amount purchased: 1,745 @ 284.64p Value: �4,966.97

Centaur Media (CAU) Director name: Mukerji,Swagatam Amount purchased: 465 @ 48.50p Value: �225.53

Pz Cussons (PZC) Director name: Pollard,Sarah Amount purchased: 86 @ 176.00p Value: �151.36

Pz Cussons (PZC) Director name: Myers,Jonathan Amount purchased: 85 @ 176.00p Value: �149.60

Top Director Sells

London Stock Exchange Group (LSEG) Director name: Brand,Martin Amount sold: 9,880 @ 8,637.08p Value: �853,343.47

Gresham House Energy Storage Fund (GRID) Director name: Pitt,Cathy Amount sold: 5,929 @ 147.00p Value: �8,715.63

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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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