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Director dealings: Synthomer CFO raises stake

(Sharecast News) - Synthomer revealed on Tuesday that chief financial officer Lily Liu had purchased 20,000 ordinary shares in the FTSE 250-listed chemicals business. Liu, who took over as CFO in July 2022, purchased the shares on Monday at an average price of 205.0p each, for a total value of £41,000.

Back in September, Sytnhomer announced a £276.0m rights issue alongside a fall in first-half revenue and earnings. Synthomer said revenue from continuing operations was down 12.5% in the six months ended 30 June at £1.08bn, while EBITDA was down 55.8% at £72.0m.

As of 1530 BST, Synthomer shares were up 2.31% at 199.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Ms International (MSI) Director name: Bell,Michael J Amount purchased: 17,026 @ 700.15p Value: �119,207.54

Ms International (MSI) Director name: Bell,Michael J Amount purchased: 13,530 @ 700.30p Value: �94,750.59

Synthomer (SYNT) Director name: Liu,Lily Amount purchased: 20,000 @ 205.00p Value: �41,000.00

Inspiration Healthcare Group (IHC) Director name: Olby,Alan Amount purchased: 19,577 @ 35.50p Value: �6,949.83

Savannah Resources (SAV) Director name: Griffin,Bruce Amount purchased: 100,000 @ 3.30p Value: �3,300.00

Savannah Resources (SAV) Director name: Griffin,Bruce Amount purchased: 10,572 @ 2.90p Value: �306.59

Top Director Sells

Ms International (MSI) Director name: Bell,Michael J Amount sold: 30,556 @ 700.00p Value: �213,892.00

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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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