Director dealings: Melrose directors invest after better-than-expected results

(Sharecast News) - Melrose Industries found itself with several entries on the list of buyers on Thursday, disclosing four purchases made by its chairman and three non-executive directors. The transactions were all on the London Stock Exchange on Thursday - the same day the FTSE 250 engineering giant reported results ahead of expectations, and raised its dividend.

It said its non-executive chairman Justin Dowley bought 75,000 shares at a price of 132.26p each, spending a total of £99,195.

Following that, he had an interest in 1,499,480 of its shares, representing 0.03429% of its issued share capital.

Non-executive director Liz Hewitt bought 37,000 shares for 136.51p each, spending £50,508.70, meaning she now had an interest in 227,239 shares, or 0.0052% of Melrose's issued share capital.

David Lis, another non-executive director, bought 35,000 shares at a price of 133.25p each, spending £46,637.50.

As a result, Lis now had an interest in 448,052 Melrose shares, or 0.01025% of its issued capital.

Finally, non-executive director Victoria Jarman bought 20,000 shares for 134.34p each, making for a total transaction value of £26,868.

Following that, Melrose said Jarman held an interest in 33,500 shares, representing just 0.00077% of its issued share capital.

Top Director Buys

Uniphar (cdi) (UPR) Director name: Hogan,Paul Amount purchased: 42,098 @ 3.40 Value: 128,948.83

Melrose Industries (MRO) Director name: Dowley,Justin Amount purchased: 75,000 @ 132.26p Value: £99,195.00

Oxford Biodynamics (OBD) Director name: Diggle,Stephen Charles Amount purchased: 400,000 @ 22.20p Value: £88,800.00

Abrdn (ABDN) Director name: Bruce,Stephanie Amount purchased: 40,000 @ 199.40p Value: £79,760.00

Tyman (TYMN) Director name: Withers,Paul Amount purchased: 20,000 @ 355.00p Value: £71,000.00

Hyve Group (HYVE) Director name: Shashoua,Mark Amount purchased: 100,000 @ 60.17p Value: £60,167.30

Melrose Industries (MRO) Director name: Hewitt,Liz Amount purchased: 37,000 @ 136.51p Value: £50,508.70

Melrose Industries (MRO) Director name: Lis,David Amount purchased: 35,000 @ 133.25p Value: £46,637.50

Hyve Group (HYVE) Director name: Last,Richard Amount purchased: 61,000 @ 60.00p Value: £36,600.00

Oxford Biodynamics (OBD) Director name: Diggle,Stephen Charles Amount purchased: 143,997 @ 22.40p Value: £32,255.33

Scancell Holdings (SCLP) Director name: Diggle ,Martin Amount purchased: 250,000 @ 12.00p Value: £30,000.00

Hikma Pharmaceuticals (HIK) Director name: Hurt,Douglas Amount purchased: 1,500 @ 1,954.00p Value: £29,310.00

Pci-pal (PCIP) Director name: Good,William Amount purchased: 50,000 @ 58.00p Value: £29,000.00

Melrose Industries (MRO) Director name: Jarman ,Victoria Amount purchased: 20,000 @ 134.34p Value: £26,868.00

Sthree (STEM) Director name: Beach,Andrew Amount purchased: 6,237 @ 414.00p Value: £25,821.18

Hyve Group (HYVE) Director name: Last,Richard Amount purchased: 35,000 @ 60.00p Value: £21,000.00

Enteq Technologies (NTQ) Director name: Law,Andrew Amount purchased: 142,850 @ 14.00p Value: £19,999.00

Premier Foods (PFD) Director name: Jones,Helen Amount purchased: 10,000 @ 106.20p Value: £10,620.00

Uls Technology (ULS) Director name: Scott,Oliver Rupert Andrew Amount purchased: 12,000 @ 74.63p Value: £8,956.00

Hyve Group (HYVE) Director name: Last,Richard Amount purchased: 4,000 @ 60.00p Value: £2,400.00

British American Tobacco (BATS) Director name: Marroco,Tadeu Amount purchased: 5 @ 3,243.26p Value: £162.16

Top Director Sells

Uniphar (cdi) (UPR) Director name: Rabbette,Gerard Amount sold: 174,626 @ 335.00p Value: £584,997.08

Uniphar (cdi) (UPR) Director name: Dolphin,Timothy Amount sold: 116,417 @ 335.00p Value: £389,996.94

Wincanton (WIN) Director name: Wroath,James Amount sold: 18,040 @ 360.00p Value: £64,944.00