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Director dealings: Ocado's Rausing snaps up another £3.6m in shares
(Sharecast News) - Ocado revealed on Tuesday that non-executive director Jorn Rausing had acquired 1.78m ordinary shares in the FTSE 250-listed grocery software technology business. Rausing, who snapped up the shares via Apple III Trust, purchased the sharaes on Friday at an average price of 199.96p each, for a total value of £3.57m.
The transaction comes hot on the heels of Rausing's £1.83m share purchase on 11 March.
As of 1525 GMT, Ocado shares were up 3.62% at 211.60p.
Reporting by Iain Gilbert at Sharecast.com
See latest RNS on Investegate
Top Director Buys
Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Keswick,Adam Phillip Charles Amount purchased: 50,000 @ $76.56 Value: $3,827,999.50
Ocado Group (OCDO) Director name: Rausing,Jorn Amount purchased: 1,789,302 @ 199.96p Value: £3,577,922.29
Essentra (ESNT) Director name: Good ,Steve Amount purchased: 40,000 @ 93.08p Value: £37,232.00
Top Director Sells
Convatec Group (CTEC) Director name: Mason ,Jonny Amount sold: 291,149 @ 234.40p Value: £682,453.29
Pan African Resources (PAF) Director name: Loots ,Cobus Amount sold: 100,000 @ R34.51 Value: R153,980.69
Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 10,000 @ 365.00p Value: £36,500.00
Pagegroup (PAGE) Director name: Stagg ,Kelvin Amount sold: 23,778 @ 144.65p Value: £34,394.88
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