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Director dealings: Science Group chairman ups stake

(Sharecast News) - Science Group revealed on Monday that chairman Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science, engineering and technology firm. Ratcliffe, who was appointed chairman of Science Group in April 2010, purchased the shares on Friday at an average price of 450.0p each, for a total value of £45,000.

Following the transaction, Ratcliffe holds a beneficial interest in 9.42m ordinary Science Group shares, representing approximately 20.73% of the company's issued share capital.

As of 1620 BST, Science Group shares were up 5.61% at 468.90p.

Reporting by Iain Gilbert at Sharecast.com

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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.