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Director dealings: Quixant non-exec makes £35k investment

(Sharecast News) - Gaming and broadcast technology company Quixant was among the top entries on a thin list of director dealings on Wednesday, after a non-executive director spent almost £35k on shares. The AIM-traded firm said Duncan Penny bought 20,000 shares on Tuesday, in a single transaction on the London Stock Exchange.

Penny paid 172.5p for each share, valuing the transaction at £34,500.

Following the purchase, Quixant said Duncan Penny was beneficially interested in 20,000 of its shares, representing 0.03% of its issued capital.

At 1422 BST, shares in Quixant were down 0.87% at 171p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Hummingbird Resources (HUM) Director name: Betts,Stephen A. Amount purchased: 1,000,000 @ 5.90p Value: £59,000.00

Quixant (QXT) Director name: Penny,Duncan Amount purchased: 20,000 @ 172.50p Value: £34,500.00

Hummingbird Resources (HUM) Director name: Betts,Daniel E. Amount purchased: 500,000 @ 5.90p Value: £29,500.00

Hummingbird Resources (HUM) Director name: Betts,Stephen A. Amount purchased: 500,000 @ 5.90p Value: £29,500.00

Invesco Asia Trust (IAT) Director name: Huen Rogerson,Sonya Amount purchased: 1,600 @ 287.00p Value: £4,592.00

Igas Energy (IGAS) Director name: Ward,Frances Amount purchased: 1,324 @ 34.00p Value: £450.16

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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.