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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Melrose non-executive director snaps up shares

(Sharecast News) - Melrose Industries revealed on Wednesday that non-executive director Guy Hachey had acquired 27,000 ordinary shares in the FTSE 100-listed aerospace manufacturer. Hachey, who was appointed to the board of Melrose in August, purchased the shares on Tuesday at an average price of 611.29p each, for a total value of £165,048.

As of 1525 BST, Melrose shares were down 0.99% at 597.40p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Melrose Industries (MRO) Director name: Hachey,Guy Amount purchased: 27,000 @ 611.29p Value: £165,048.29

Altitude Group (ALT) Director name: Varley,Martin Roy Amount purchased: 85,000 @ 23.30p Value: £19,805.00

Diageo (DGE) Director name: Manzoni,John Alexander Amount purchased: 340 @ 1,927.00p Value: £6,551.80

Rolls-royce Holdings (RR.) Director name: Mars,Wendy Amount purchased: 170 @ 1,073.90p Value: £1,825.63

Rolls-royce Holdings (RR.) Director name: Behrendt,Birgit Amount purchased: 102 @ 1,073.90p Value: £1,095.38

Top Director Sells

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 8,605 @ 376.80p Value: £32,423.64

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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.