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Director dealings: SigmaRoc, Sainsbury's insiders disclose transactions

(Sharecast News) - Two of the companies disclosing director share transactions to markets in London on Thursday involved insiders at SigmaRoc and Sainsbury's. At AIM-quoted SigmaRoc, non-executive director Tim Hall exercised 750,000 share options granted under the company's 2016 share option plan.

The options were exercised on a cashless basis at 46p per share, resulting in a net transfer of 226,834 shares from the company's employee benefit trust.

Separately, Hall also purchased 80,884 shares at a market price of 103.25p each.

Following the transactions, his total holding in SigmaRoc stood at 750,000 shares, representing 0.067% of the issued share capital.

Meanwhile, J Sainsbury chief executive officer Simon Roberts exercised 994,658 nil-cost options under the group's 2016 long-term incentive plan, originally awarded in May 2020.

To settle tax obligations arising from the award, Roberts sold 468,427 shares at 276.86p, generating proceeds of £1.3m.

He retained 526,231 shares following the transaction.

At 1610 BST, shares in SigmaRoc were down 0.19% at 103p, while those in J Sainsbury were off 0.26% at 276.88p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Sigmaroc (SRC) Director name: Hall,Tim Amount purchased: 80,884 @ 103.25p Value: £83,512.73

Wheaton Precious Metals Corp.npv (cdi) (WPM) Director name: Brack,George L. Amount purchased: 370 @ $51.36 Value: $11,242.50

Top Director Sells

Sainsbury (j) (SBRY) Director name: Roberts,Simon Amount sold: 468,427 @ 276.86p Value: £1,296,886.99

Diaceutics (DXRX) Director name: Keeling,Peter Amount sold: 500,000 @ 126.00p Value: £630,000.00

Wheaton Precious Metals Corp.npv (cdi) (WPM) Director name: Brack,George L. Amount sold: 370 @ $108.52 Value: $33,109.92

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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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