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Director dealings: Victorian Plumbing founder raises stake

(Sharecast News) - Victorian Plumbing Group revealed on Tuesday that chief executive Mark Radcliffe had purchased 700,000 ordinary shares in the AIM-listed firm. Radcliffe, who founded Victorian Plumbing in 2000, purchased the shares on Monday at an average price of 50.60p each, for a total value of £354,199.99.

Back in February, the bathroom products retailer said it had continued to trade in line with guidance issued at the time of its full-year results in December but warned that full-year margins would be "slightly lower" than originally anticipated after opting to absorb certain additional costs.

Victorian Plumbing warned that ongoing inflationary cost pressures remained and said it was "acutely aware" that customers were also managing inflationary pressures and would likely adopt a careful approach to price rises.

As of 1610 BST, Victorian shares had shot up 12.68% at 63.0p.

Top Director Buys

Victorian Plumbing Group (VIC) Director name: Radcliffe,Mark Amount purchased: 700,000 @ 50.60p Value: £354,199.99

Strix Group (KETL) Director name: Bartlett,Mark Victor Edward Amount purchased: 134,249 @ 199.00p Value: £267,155.51

Strix Group (KETL) Director name: Lamb,Gary Edward Amount purchased: 44,400 @ 199.00p Value: £88,356.00

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 95,217 @ 58.10p Value: £55,321.07

Strix Group (KETL) Director name: Wong,Raudres Lourdes Amount purchased: 22,200 @ 199.00p Value: £44,178.00

Oxford Nanopore Technologies (ONT) Director name: Becker,Wendy Amount purchased: 9,008 @ 388.54p Value: £34,999.86

Strix Group (KETL) Director name: Sells,Richard Amount purchased: 9,894 @ 202.00p Value: £19,985.88

Murray International Trust (MYI) Director name: Melhuish ,Nicholas Amount purchased: 939 @ 1,270.00p Value: £11,925.33

Macfarlane Group (MACF) Director name: Gulvanessian,Aleen Amount purchased: 7,638 @ 130.14p Value: £9,940.09

Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 10,027 @ 57.60p Value: £5,775.55

Fireangel Safety Technology Group (FA.) Director name: Fox,Zoe Amount purchased: 18,264 @ 13.69p Value: £2,500.34

Fireangel Safety Technology Group (FA.) Director name: Fox,Zoe Amount purchased: 10,901 @ 13.76p Value: £1,499.98

Fireangel Safety Technology Group (FA.) Director name: Fox,Zoe Amount purchased: 7,246 @ 13.80p Value: £999.95

I(x) Net Zero Npv (IX.) Director name: Oyer,Steven Michael Amount purchased: 885 @ 75.00p Value: £663.75

Travis Perkins (TPK) Director name: Roberts,Nick Amount purchased: 12 @ 1,255.75p Value: £150.69

Top Director Sells

Idox (IDOX) Director name: Meaden,David Amount sold: 2,870,000 @ 60.93p Value: £1,748,691.05

Provident Financial (PFG) Director name: Kapur ,Neeraj Amount sold: 23,874 @ 292.30p Value: £69,783.70

Provident Financial (PFG) Director name: May,Malcolm Le Amount sold: 21,154 @ 292.30p Value: £61,833.14

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 95,217 @ 58.00p Value: £55,225.86

Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 10,027 @ 57.60p Value: £5,775.55

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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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