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Director dealings: Inchcape director snaps up shares

(Sharecast News) - Inchcape revealed on Friday that non-executive director Byron Grote had acquired 10,000 ordinary shares in the London-listed automotive distribution and retailer company, Grote, who was appointed to the board of Inchcape in January, purchased the shares on Thursday at an average price of 660.0p each, for a total value of £66,000.

In October, Inchcape reported third-quarter revenues of £2.8bn, making for growth of 35%, with organic revenue growth at 10%. Looking ahead, Inchcape reiterated its 2023 guidance, unchanged from its first-half results in late July, based on prevailing market conditions, accelerated cost synergies, and contributions from acquisitions.

As of 1600 GMT, Inchcape shares were up 1.99% at 666.0p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Inchcape (INCH) Director name: Grote,Byron Elmer Amount purchased: 10,000 @ 660.00p Value: �66,000.00

Top Director Sells

Wh Smith (SMWH) Director name: Cowling,Carl Amount sold: 7,051 @ 1,352.55p Value: �95,368.34

Wh Smith (SMWH) Director name: Moorhead,Robert Amount sold: 5,232 @ 1,352.55p Value: �70,765.44

Sylvania Platinum Ltd (di) (SLP) Director name: Prinsloo,Johannes Jacobus Amount sold: 63,000 @ 70.00p Value: �44,100.00

Sylvania Platinum Ltd (di) (SLP) Director name: Carminati,Lewanne Amount sold: 58,500 @ 70.00p Value: �40,950.00

Nb Global Monthly Income Fund Limited Red Ord Shs Npv £ (NBMI) Director name: Dorey,Rupert O Amount sold: 21,691 @ 80.77p Value: �17,519.82

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 8,242 @ $1.86 Value: $12,630.44

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 7,262 @ $1.79 Value: $10,710.06

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 5,720 @ $1.83 Value: $8,643.91

Nb Global Monthly Income Fund Limited Red Ord Shs Npv £ (NBMI) Director name: Dorey,Rupert O Amount sold: 10,605 @ 80.77p Value: �8,565.66

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 5,520 @ $1.83 Value: $8,323.47

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 4,494 @ $1.82 Value: $6,746.37

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 3,616 @ $1.84 Value: $5,475.14

Nb Global Monthly Income Fund Limited Red Ord Shs Npv £ (NBMI) Director name: Staples,David Amount sold: 5,915 @ 80.77p Value: �4,777.55

Tremor International Ltd (di) (TRMR) Director name: Druker,Ofer Amount sold: 2,282 @ $1.79 Value: $3,371.72

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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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