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Director dealings: RWS chief exec makes £0.2m investment

(Sharecast News) - Shares in RWS were in the green on Thursday afternoon, after its chief executive officer spent almost £0.2m on shares. The language, technology and intellectual property company said Ian El-Mokadem bought 65,000 shares on Wednesday, in a single transaction on the London Stock Exchange.

He paid 302.81p for each share, valuing the purchase at £196,824.28.

Following the purchase, the firm said El-Mokadem had a total beneficial interest in 140,000 of its shares.

The CEO made the purchase on the same day RWS confirmed it had ended the year in line with its revenue expectations, after "solid growth" in language services.

At 1343 BST, shares in RWS Holdings were up 3.3% at 319.6p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Wandisco (WAND) Director name: Dollens,William Grant Amount purchased: 96,156 @ 460.00p Value: £442,317.59

Rws Holdings (RWS) Director name: Mokadem,Ian El Amount purchased: 65,000 @ 302.81p Value: £196,824.28

Naked Wines (WINE) Director name: Devlin,Nicholas Amount purchased: 20,000 @ $1.40 Value: $23,088.97

Bioventix (BVXP) Director name: Hiscock,Bruce Amount purchased: 480 @ 3,400.00p Value: £16,320.00

Top Director Sells

Wandisco (WAND) Director name: Richards,David James Amount sold: 36,451 @ 460.00p Value: £167,674.60

Wandisco (WAND) Director name: Aahlad ,Yeturu Amount sold: 36,451 @ 460.00p Value: £167,674.60

Wandisco (WAND) Director name: Miller,Erik Edwin Amount sold: 21,251 @ 460.00p Value: £97,754.60

Bioventix (BVXP) Director name: Hiscock,Bruce Amount sold: 204 @ 3,341.00p Value: £6,815.64

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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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