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.
(Sharecast News) - Purplebricks was at the top of the list of director buys on Tuesday, as its chairman made the most of a morning slump in its share price.
The online estate agent disclosed that non-executive chair Paul Pindar purchased 2.5 million shares on the London Stock Exchange.
Pindar paid 14.76p for each share, spending a total of £368,999.99 in the process.
Following the transaction, Purplebricks said Paul and Sharon Pindar together held 14,081,056 of its shares, representing 4.59% of its total issued capital.
Purplebricks shares slumped as low as 14p in early trading on Tuesday, after it revealed a full-year loss as it struggled to execute a new operating model, while setting aside cash to cover problems at its lettings division.
The company, which tried to shake up the market as a fixed-fee agency, revealed in delayed results an operating loss of £42m in the 12 months to 30 April compared with a profit of £7m a year ago.
By 1452 BST, shares in Purplebricks Group had recovered and were trading up 0.17% at 15.02p.
Elsewhere, ProCook reported a purchase worth almost £18k made by its chief financial officer.
The company said Daniel Walden bought 50,000 shares on Monday for 35.6p apiece, valuing the transaction at £17,800.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Purplebricks Group (PURP)
Director name: Pindar,Paul
Amount purchased: 2,500,000 @ 14.76p
Value: £368,999.99
Kerry Group 'a' Shares (cdi) (KYGA)
Director name: Rogers ,Christopher
Amount purchased: 1,000 @ 102.90
Value: 102,900.00
Intertek Group (ITRK)
Director name: Allan,Graham
Amount purchased: 1,400 @ 4,240.00p
Value: £59,360.00
Solid State (SOLI)
Director name: Magowan,Peter
Amount purchased: 2,927 @ 1,025.00p
Value: £30,001.75
Intertek Group (ITRK)
Director name: Allan,Graham
Amount purchased: 600 @ 4,250.00p
Value: £25,500.00
Solid State (SOLI)
Director name: James,Peter Owen
Amount purchased: 2,439 @ 1,025.00p
Value: £24,999.75
Icg Enterprise Trust (ICGT)
Director name: Nicholls,Janine
Amount purchased: 2,219 @ 1,126.00p
Value: £24,985.94
Vianet Group (VNET)
Director name: Panu,Stella
Amount purchased: 30,000 @ 67.00p
Value: £20,100.00
Solid State (SOLI)
Director name: Macmichael,John
Amount purchased: 1,951 @ 1,025.00p
Value: £19,997.75
Solid State (SOLI)
Director name: Rogers,Nigel
Amount purchased: 1,951 @ 1,025.00p
Value: £19,997.75
Solid State (SOLI)
Director name: Haining,Peter
Amount purchased: 1,951 @ 1,025.00p
Value: £19,997.75
Solid State (SOLI)
Director name: Richards,Matthew Thomas
Amount purchased: 1,951 @ 1,025.00p
Value: £19,997.75
Procook Group (PROC)
Director name: Walden,Daniel (Dan)
Amount purchased: 50,000 @ 35.60p
Value: £17,800.00
Sdx Energy Inc. (di) (SDX)
Director name: Reid ,Mark
Amount purchased: 150,000 @ 10.25p
Value: £15,375.00
Insig Ai (INSG)
Director name: Bernstein,Richard
Amount purchased: 40,000 @ 28.00p
Value: £11,200.00
Solid State (SOLI)
Director name: Marsh,Gary
Amount purchased: 976 @ 1,025.00p
Value: £10,004.00
Altitude Group (ALT)
Director name: Feltham,Graham
Amount purchased: 20,584 @ 24.29p
Value: £4,999.85
Sdx Energy Inc. (di) (SDX)
Director name: Reid ,Mark
Amount purchased: 50,000 @ 9.94p
Value: £4,970.00
Integrated Diagnostics Holdings (IDHC)
Director name: El Sherbini,Hend
Amount purchased: 5,000 @ $0.81
Value: $4,025.00
Actual Experience (ACT)
Director name: Steele ,Richard
Amount purchased: 35,774 @ 2.85p
Value: £1,019.56
Actual Experience (ACT)
Director name: Page,Dave
Amount purchased: 32,600 @ 2.85p
Value: £929.10
Actual Experience (ACT)
Director name: Bennetts,Steve
Amount purchased: 27,521 @ 2.85p
Value: £784.35
Actual Experience (ACT)
Director name: English ,Kirsten
Amount purchased: 23,917 @ 2.85p
Value: £681.63
Actual Experience (ACT)
Director name: Carsberg,Bryan
Amount purchased: 14,030 @ 2.85p
Value: £399.86
Actual Experience (ACT)
Director name: Davidson,Stephen
Amount purchased: 12,861 @ 2.85p
Value: £366.54
