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Director dealings: Jardine Matheson director invests, Springfield CEO makes sale

(Sharecast News) - Two of the director dealings disclosed to the London market on Wednesday involved share purchases at Jardine Matheson and a disposal at Springfield Properties. At Jardine Matheson Holdings, director Lincoln Pan acquired 7,100 ordinary shares at a price of $71.82 each, according to the regulatory filing.

The transaction, carried out on 6 January on the Singapore Exchange, had a total value of $509,922, as an on-market purchase of the group's 25-cent ordinary shares.

Springfield Properties meanwhile said its chief executive officer, Innes Smith, sold 100,000 ordinary shares at 132.5p apiece on 6 January as part of routine financial planning.

The disposal was executed on AIM and, following the transaction, Smith retained an interest in 896,644 shares, equivalent to around 0.8% of the company's issued share capital.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Pan ,Lincoln Amount purchased: 7,100 @ $71.82 Value: $509,922.00

Aterian (ATN) Director name: Bray,Charles Grant Amount purchased: 100,000 @ 25.80p Value: £25,795.00

Tungsten West (TUN) Director name: Maxey,Richard William Macfarlane Amount purchased: 366,210 @ 3.00p Value: £10,986.30

Top Director Sells

Springfield Properties (SPR) Director name: Smith ,Innes Amount sold: 100,000 @ 132.50p Value: £132,500.00

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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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