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Director dealings: Melrose Industries non-executive director raises stake

(Sharecast News) - Melrose Industries revealed on Friday that non-executive director Mary Petryszyn had acquired 5,000 ordinary shares in the FTSE 100-listed aerospace manufacturer. Petryszyn, who joined the board of Melrose in January, purchased the shares at an average price of 488p each, for a total value of £24,000.

Following the transaction, Petryszyn holds a beneficial interest in 25,000 ordinary Melrose shares.

As of 1530 BST, Melrose Industries shares were up 0.19% at 517.20p.

Reporting by Iain Gilbert at Sharecast.com

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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.