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Director dealings: PRS REIT non-exec makes £71k investment

(Sharecast News) - PRS REIT was in the green on Monday, after it revealed a share purchase worth over £70k made by a non-executive director. The real estate investment trust said Stephen Smith bought 80,000 shares on Friday, in a single transaction on the London Stock Exchange.

He paid 88.4p for each share, valuing the transaction at a total of £70,720.00.

As a result, PRS said Smith's total interest in the company was now 235,000 of its shares, representing 0.04% of its total voting rights.

At 1501 BST, shares in the PRS REIT were up 3.15% at 88.4p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Adriatic Metals (ADT1) Director name: Bilbe,Peter Amount purchased: 310,000 @ $2.12 Value: $347,853.87

Prs Reit (the) (PRSR) Director name: Smith,Stephen Amount purchased: 80,000 @ 88.40p Value: £70,720.00

Jd Sports Fashion (JD.) Director name: Long,Andy Amount purchased: 25,000 @ 96.80p Value: £24,200.00

Panther Securities (PNS) Director name: Kellner,Peter Amount purchased: 4,000 @ 300.00p Value: £12,000.00

Mercantile Investment Trust (the) (MRC) Director name: Hopkins,Heather Amount purchased: 6,000 @ 171.36p Value: £10,281.60

K3 Business Technology Group (KBT) Director name: Scott,Oliver Rupert Andrew Amount purchased: 1,500 @ 123.00p Value: £1,845.00

Firstgroup (FGP) Director name: Mangold,Ryan Amount purchased: 139 @ 108.77p Value: £151.19

Mitie Group (MTO) Director name: Bentley,Phillip Amount purchased: 231 @ 65.15p Value: £150.50

Superdry (SDRY) Director name: Wills,Shaun Amount purchased: 136 @ 110.30p Value: £150.01

Assura (AGR) Director name: Cottam,Jayne Amount purchased: 160 @ 49.30p Value: £78.88

Assura (AGR) Director name: Murphy,Jonathan Amount purchased: 160 @ 49.30p Value: £78.88

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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.