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Director dealings: Synthomer CFO raises stake

Tue 17 Oct 2023 15:30

(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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