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Director dealings: Reneuron CFO makes share purchase

(Sharecast News) - Reneuron revealed on Tuesday that chief financial officer John Hawkins had acquired 100,000 ordinary shares in the AIM-listed stem cell technologies group.

Hawkins, who joined Reneuron in October 2014, purchased the shares at an average price of 9.88p each, for a total value of £9,878.

Back in December, Reneuron reported first-half revenues of £440,000, up from £60,000 a year earlier, related to income from partner-funded development activities and royalty income. The company's loss for the period totalled £3.2m, narrowing from £5.2m, driven by lower costs, increased revenue, and foreign exchange gains.

As of 1610 GMT, Reneuron shares were up 5.75% at 10.42p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Europa Metals Ltd Npv (di) (EUZ) Director name: Campion ,Myles Stuart Amount purchased: 1,090,859 @ 3.35p Value: £36,543.78

Reneuron Group (RENE) Director name: Hawkins,John Amount purchased: 100,000 @ 9.88p Value: £9,878.00

Europa Metals Ltd Npv (di) (EUZ) Director name: Kirby,Evan Amount purchased: 155,129 @ 3.44p Value: £5,336.44

Murray International Trust (MYI) Director name: Hardie,David Amount purchased: 1 @ 1,304.64p Value: £13.05

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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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