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(Sharecast News) - One of Ocado's non-executive directors took advantage of its share price plunge this week, as the company disclosed a purchase worth almost £3m on Friday.
The FTSE 250 company, which develops warehousing technology and runs a grocery delivery firm in partnership with Marks and Spencer, said Apple III Limited bought the shares on Thursday.
Ocado said the Bermuda-domiciled Apple III Limited is wholly-owned by Apple III Trust, of which non-executive director Jorn Rausing is a "discretionary beneficiary".
The company paid 644.79p for each share, spending a total of £2,721,047.56.
Shares in Ocado plunged after it warned of slowing business earlier this week, having peaked at 797p at the close on Monday.
At the close on Friday, they were up 1.13% on the day but still down almost 14% for the week, at 653.37p.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Ocado Group (OCDO)
Director name: Rausing,Jorn
Amount purchased: 422,004 @ 644.79p
Value: £2,721,047.56
Dunelm Group (DNLM)
Director name: Harrison ,Andy
Amount purchased: 33,206 @ 748.00p
Value: £248,380.88
Wickes Group (WIX)
Director name: Wood,David
Amount purchased: 120,980 @ 123.36p
Value: £149,240.93
Dalata Hotel Group (cdi) (DAL)
Director name: Crowley,Dermot
Amount purchased: 10,000 @ 3.23
Value: 29,144.14
Haydale Graphene Industries (HAYD)
Director name: Banks,David
Amount purchased: 735,585 @ 1.93p
Value: £14,196.79
Future Metals Nl (di) (FME)
Director name: Kininmonth,Jardee
Amount purchased: 188,605 @ $0.13
Value: $12,478.50
Omega Diagnostics Group (ODX)
Director name: Lea,Christopher Paul
Amount purchased: 400,000 @ 2.81p
Value: £11,240.00
Vianet Group (VNET)
Director name: Dickson,James
Amount purchased: 20,000 @ 49.48p
Value: £9,896.00
Omega Diagnostics Group (ODX)
Director name: Douglas,Simon Gordon
Amount purchased: 260,001 @ 2.88p
Value: £7,488.03
Abrdn Uk Smaller Companies Growth Trust (AUSC)
Director name: Scholefield,Tim
Amount purchased: 1,100 @ 444.57p
Value: £4,890.29
Omega Diagnostics Group (ODX)
Director name: Grewal,Jag
Amount purchased: 159,180 @ 2.89p
Value: £4,600.30
Mortgage Advice Bureau (holdings) (MAB1)
Director name: Tilley,Lucy
Amount purchased: 32 @ 940.00p
Value: £300.80
Mortgage Advice Bureau (holdings) (MAB1)
Director name: Thompson,Ben
Amount purchased: 32 @ 940.00p
Value: £300.80
Anglo American (AAL)
Director name: O'Neill ,Tony
Amount purchased: 6 @ 2,888.00p
Value: £173.28
Bae Systems (BA.)
Director name: Greve,Brad
Amount purchased: 20 @ 775.58p
Value: £155.12
British Land Company (BLND)
Director name: Carter,Simon
Amount purchased: 37 @ 406.53p
Value: £150.42
British Land Company (BLND)
Director name: Mistry,Bhavesh
Amount purchased: 37 @ 406.53p
Value: £150.42
Ocado Group (OCDO)
Director name: Abrams,Neill
Amount purchased: 24 @ 623.20p
Value: £149.57
Ocado Group (OCDO)
Director name: Daintith,Stephen
Amount purchased: 24 @ 623.20p
Value: £149.57
Ocado Group (OCDO)
Director name: Richardson,Mark
Amount purchased: 24 @ 623.20p
Value: £149.57
Ocado Group (OCDO)
Director name: Jensen,Luke
Amount purchased: 24 @ 623.20p
Value: £149.57
Ocado Group (OCDO)
Director name: Steiner,Tim
Amount purchased: 24 @ 623.20p
Value: £149.57
Bae Systems (BA.)
Director name: Woodburn,Charles
Amount purchased: 19 @ 775.58p
Value: £147.36
Anglo American (AAL)
Director name: Pearce,Stephen
Amount purchased: 5 @ 2,888.00p
Value: £144.40
Anglo American (AAL)
Director name: Wanblad ,Duncan
Amount purchased: 4 @ 2,888.00p
Value: £115.52
Top Director Sells
Dunelm Group (DNLM)
Director name: Wilkinson,Nick
Amount sold: 15,616 @ 750.00p
Value: £117,120.00
Futura Medical (FUM)
Director name: Barder,James Henry
Amount sold: 250,000 @ 45.20p
Value: £113,000.00
Deliveroo Class A (ROO)
Director name: Miller,Adam
Amount sold: 41,016 @ 93.00p
Value: £38,144.88
