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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: Naked Wines chairman raises stake

(Sharecast News) - Naked Wines revealed on Thursday that non-executive chair Jack Pailing had acquired 58,810 ordinary shares in the AIM-listed online wine retailer. Pailing, who joined Naked Wines as a non-executive director in July 2023, purchased the shares on Wednesday at an average price of 79.58p each, for a total value of £46,801.

Following the purchase, Pailing holds a total beneficial interest in 798,464 ordinary Naked Wines shares, representing approximately 1.11% of the company's issued share capital.

As of 1525 BST, Naked Wines shares were down 5.95% at 79p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

B&m European Value Retail S.a. (di) (BME) Director name: Jegen ,Tjeerd Amount purchased: 79,500 @ 249.56p Value: £198,398.53

Naked Wines (WINE) Director name: Pailing,Jack Amount purchased: 58,810 @ 79.58p Value: £46,801.00

Cordel Group (CRDL) Director name: Macleod,Jonathan Graham Amount purchased: 290,000 @ 5.75p Value: £16,675.00

Top Director Sells

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 7,643 @ 387.50p Value: £29,616.63

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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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