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Director dealings: Science Group executive chairman raises stake

(Sharecast News) - Science Group revealed on Monday that executive chair Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science and technology consultancy business. Ratcliffe, who took over as executive chairman in April 2010, purchased the shares on Friday at an average price of 458.0p each, for a total value of £45,800.

Following the transaction, Ratcliff holds a beneficial interest in 9.46m ordinary Science Group shares, representing approximately 21.04% of the company's issued share capital.

As of 1620 GMT, Science Group shares were up 1.10% at 460.0p.

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.