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Director dealings: Ramsdens chairman lowers stake

(Sharecast News) - Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker. Meehan, who took over as chairman in September 2014, sold the shares on Friday at an average price of 216.80p each, for a total value of £271,000.

Following the transaction, Meehan holds a beneficial interest in 192,320 ordinary Ramsdens shares, representing approximately 0.60% of the company's issued share capital.

As of 1630 BST, Ramsdens shares were down 0.95% at 208.0p.

Reporting by Iain Gilbert at Sharecast.com

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Agronomics Limited (ANIC) Director name: Mellon,James (Jim) Amount purchased: 2,000,000 @ 4.84p Value: £96,875.00

Utilico Emerging Markets Ltd (di) (UEM) Director name: Bridgeman,Mark Amount purchased: 18,500 @ 216.02p Value: £39,963.70

Calnex Solutions (CLX) Director name: Bissett,Graeme Amount purchased: 39,299 @ 50.89p Value: £19,998.87

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Norman Broadbent (NBB) Director name: Malik,Mehr Amount purchased: 88,440 @ 5.64p Value: £4,988.02

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Top Director Sells

Ramsdens Holdings (RFX) Director name: Meehan,Andrew David Amount sold: 125,000 @ 216.80p Value: £271,000.00

Judges Scientific (JDG) Director name: Hambro,Alexander Amount sold: 2,700 @ 9,790.00p Value: £264,330.00

Gateley (holdings) (GTLY) Director name: Waldie,Rod Amount sold: 50,000 @ 138.00p Value: £69,000.00

Gateley (holdings) (GTLY) Director name: Smith,Neil Andrew Amount sold: 41,263 @ 138.00p Value: £56,942.94

Gateley (holdings) (GTLY) Director name: Garrad,Victoria Amount sold: 9,000 @ 138.00p Value: £12,420.00

Gateley (holdings) (GTLY) Director name: Smith,Neil Andrew Amount sold: 8,737 @ 138.00p Value: £12,057.06

Gateley (holdings) (GTLY) Director name: Garrad,Victoria Amount sold: 8,213 @ 138.00p Value: £11,333.94

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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.

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