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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: 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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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.