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) - Two of the director disclosures made to the London market on Tuesday saw Real Estate Investors chief executive Paul Bassi and finance director Marcus Daly buy shares in the company, while Chesnara finance chief Tom Howard exercised options and sold shares to cover tax obligations.
Real Estate Investors said Bassi bought 595,965 ordinary shares on 14 May at 32.25p each, in a transaction worth about £192,199.
Following the purchase, he held 19.0 million shares, representing 10.87% of the company's issued share capital.
The Midlands-focused real estate investment trust also said finance director Marcus Daly bought 250,000 shares at the same price, for a total consideration of £80,625.
Daly's resulting holding was 4,887,543 shares, or 2.80% of the company.
Separately, Chesnara said group chief financial officer Tom Howard acquired shares through the exercise of options under its Buy-out Award Scheme.
Howard exercised options over 115,098 shares at nil cost following the vesting of conditional awards under the 2024 Buy-out Plan, as adjusted for the company's 2025 rights issue.
Howard then sold 55,544 shares at 319.113p each on the London Stock Exchange to cover tax and social security obligations, in a disposal worth about £177,241.
Following the exercise, Howard held a total interest in 215,793 Chesnara ordinary shares, including any shares held by persons closely associated with him.
At 1310 BST, shares in Real Estate Investors were up 1.92% at 31.8p, while those in Chesnara were ahead 1.1% at 323p.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Real Estate Investors (RLE)
Director name: Bassi,Paul
Amount purchased: 595,965 @ 32.25p
Value: £192,198.71
Real Estate Investors (RLE)
Director name: Daly,Marcus
Amount purchased: 250,000 @ 32.25p
Value: £80,625.00
Big Yellow Group (BYG)
Director name: O'Donnell,Michael
Amount purchased: 4,000 @ 827.40p
Value: £33,095.92
Ecora Royalties (ECOR)
Director name: Lafleche,Marc Bishop
Amount purchased: 16,693 @ 149.80p
Value: £25,006.11
Ecora Royalties (ECOR)
Director name: Flynn,Kevin
Amount purchased: 13,550 @ 149.97p
Value: £20,320.93
Ecora Royalties (ECOR)
Director name: Lafleche,Marc Bishop
Amount purchased: 13,359 @ 149.70p
Value: £19,998.42
Ecora Royalties (ECOR)
Director name: Flynn,Kevin
Amount purchased: 13,250 @ 150.00p
Value: £19,875.00
Taylor Wimpey (TW.)
Director name: Daly,Jennie
Amount purchased: 17,875 @ 78.00p
Value: £13,942.45
Taylor Wimpey (TW.)
Director name: Carney,Chris
Amount purchased: 11,904 @ 78.00p
Value: £9,285.08
Ecora Royalties (ECOR)
Director name: Lafleche,Marc Bishop
Amount purchased: 5,560 @ 149.39p
Value: £8,306.08
Ecora Royalties (ECOR)
Director name: Flynn,Kevin
Amount purchased: 5,550 @ 140.20p
Value: £7,781.10
Rit Capital Partners (RCP)
Director name: Coles,Helena
Amount purchased: 330 @ 2,188.00p
Value: £7,220.40
Rit Capital Partners (RCP)
Director name: Coles,Helena
Amount purchased: 322 @ 2,189.00p
Value: £7,048.58
Rit Capital Partners (RCP)
Director name: Coles,Helena
Amount purchased: 292 @ 2,188.00p
Value: £6,388.96
Oberon Aim Vct (OVCT)
Director name: Gamble,Geoffrey Charles
Amount purchased: 25,000 @ 20.25p
Value: £5,062.50
Funding Circle Holdings (FCH)
Director name: Jacobs,Lisa
Amount purchased: 1,315 @ 136.90p
Value: £1,800.23
Funding Circle Holdings (FCH)
Director name: Nicol,Tony
Amount purchased: 1,314 @ 136.90p
Value: £1,798.87
Aviva (AV.)
Director name: Lambert,Pippa
Amount purchased: 242 @ 616.00p
Value: £1,490.72
(HWG)
Director name: Patmore,Katerina
Amount purchased: 119 @ 126.00p
Value: £149.94
(HWG)
Director name: Shillaw,Lynda
Amount purchased: 119 @ 126.00p
Value: £149.94
Ocado Group (OCDO)
Director name: Daintith,Stephen
Amount purchased: 81 @ 184.90p
Value: £149.77
Ocado Group (OCDO)
Director name: Steiner,Tim
Amount purchased: 81 @ 184.90p
Value: £149.77
Activeops (AOM)
Director name: Jeffery,Richard John
Amount purchased: 69 @ 152.00p
Value: £104.88
Top Director Sells
Chesnara (CSN)
Director name: Howard,Tom
Amount sold: 55,544 @ 319.11p
Value: £177,248.12
Strix Group (KETL)
Director name: Kirkland,Mark Adrian
Amount sold: 6,315 @ 43.00p
Value: £2,715.45
Truetide (TRUE)
Director name: Brown ,Trevor
Amount sold: 7,500 @ 2.70p
Value: £202.50
