Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Tesco non-exec spends $45k on ADRs

(Sharecast News) - Tesco shares were in the red on Friday afternoon, even after a non-executive director bought more than $45,000 of the retail giant's American depositary receipts. The company disclosed that Byron Grote purchased 18,000 ADRs on Thursday, for $3.04 each, in an over-the-counter (OTC) transaction in the US.

That valued the investment at a total of $45,122.45.

Tesco said each of its American depositary receipts is equivalent to three of its ordinary shares.

At 1231 BST, shares in Tesco were down 0.89% at 254.21p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Tesco (TSCO) Director name: Grote,Byron Elmer Amount purchased: 18,000 @ $3.04 Value: $45,122.45

Top Director Sells

Bhp Group Limited Npv (di) (BHP) Director name: Henry,Mike Amount sold: 123,356 @ $41.44 Value: $2,705,697.97

Touchstone Exploration Inc Npv (di) (TXP) Director name: Wright,John D. Amount sold: 133,600 @ $1.55 Value: $122,510.87

Touchstone Exploration Inc Npv (di) (TXP) Director name: Wright,John D. Amount sold: 71,200 @ $1.55 Value: $65,290.22

Touchstone Exploration Inc Npv (di) (TXP) Director name: Wright,John D. Amount sold: 53,600 @ $1.55 Value: $49,151.07

Share this article

Related Sharecast Articles

Director dealings: Essentra CEO raises stake
(Sharecast News) - Essentra revealed on Wednesday that chief execuitve Scott Fawcett had acquired 17,483 ordinary shares in the FTSE 250-listed hardware manufacturer.
Director dealings: AB Dynamics CEO snaps up shares
(Sharecast News) - AB Dynamics revealed on Tuesday that chief executive Sarah Matthews-DeMers had acquired 2,000 ordinar shares in the AIM-listed automotive testing and development solution supplier.
Director dealings: Bioventix chairman raises stake
(Sharecast News) - Bioventix revealed on Monday that chairman Ian Nicholson had acquired 1,000 ordinary shares in the AIM-listed biotechnology firm.
Director dealings: Bioventix chairman raises stake
(Sharecast News) - Bioventix revealed on Monday that chairman Ian Nicholson had acquired 1,000 ordinary shares in the AIM-listed biotechnology firm.

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.