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Director dealings: Speedy Hire chairman, CFO snap up shares

(Sharecast News) - Speedy Hire revealed on Tuesday that chief financial officer Paul Rayner had acquired 71,500 ordinary shares in the tools and equipment hire group. Rayner, who was appointed to the board of Speedy Hire in July 2023, purchased the shares at an average price of 28.65p each, for a total value of £20,482.96.

Claire and Robert Rayner, PCAs of Paul Rayner, also snapped up shares on Tuesday, with the former purchasing 13,500 ordinary shares and the latter picking up 5,000 shares.

Speedy Hire chairman David Shearer also purchased 250,000 ordinary shares on Tuesday, for a total of £69,954, while non-executive director Shatish Dasani bought 10,500 shares for £2,868, and Dina Dasani, a PCA of Shatish, dropped £13,761 on 49,500 shares.

As of 1520 BST, Speedy Hire shares were down 0.17% at 28.65p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Speedy Hire (SDY) Director name: Rayner,Paul A Amount purchased: 71,500 @ 28.65p Value: £20,482.96

Speedy Hire (SDY) Director name: Rayner,Paul A Amount purchased: 13,500 @ 28.65p Value: £3,867.41

Trifast (TRI) Director name: Mills,Nicholas Amount purchased: 5,000 @ 71.75p Value: £3,587.50

Speedy Hire (SDY) Director name: Rayner,Paul A Amount purchased: 5,000 @ 28.65p Value: £1,432.38

Top Director Sells

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 36,385 @ 469.20p Value: £170,718.42

Midwich Group (MIDW) Director name: Lamb,Stephen Amount sold: 33,310 @ 188.00p Value: £62,622.80

Midwich Group (MIDW) Director name: Lamb,Stephen Amount sold: 12,510 @ 193.00p Value: £24,144.30

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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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