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Director dealings: Purplebricks chair buys another million shares

(Sharecast News) - Shares in Purplebricks were rising on Wednesday afternoon, after its non-executive chairman purchased another million shares. The online estate agency said Paul Pindar bought the shares in an open market transaction on the London Stock Exchange.

He paid 17.4549p for each share, valuing the transaction at £174,549.00.

Following the purchase, Purplebricks said Paul Pindar and Sharon Pindar together held 16,618,056 of its shares, representing 5.42% of its total issued share capital.

At 1444 BST, shares in Purplebricks Group were up 4.14% at 17.7p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Purplebricks Group (PURP) Director name: Pindar,Paul Amount purchased: 1,000,000 @ 17.45p Value: £174,549.00

Gyg (GYG) Director name: Savage,Rupert Amount purchased: 350,000 @ 17.00p Value: £59,500.00

Gyg (GYG) Director name: McGuire,Richard Anthony Amount purchased: 324,193 @ 17.00p Value: £55,112.81

Howden Joinery Group (HWDN) Director name: Hayes,Paul Amount purchased: 8,000 @ 597.34p Value: £47,787.24

Scottish Oriental Smaller Companies Trust (SST) Director name: Whitley,Jeremy Amount purchased: 3,000 @ 1,111.00p Value: £33,330.00

Polar Capital Technology Trust (PCT) Director name: Cripps,Catherine Amount purchased: 481 @ 2,074.96p Value: £9,980.56

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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.