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Director dealings: Wetherspoon CEO makes £0.14m sale, Rio Tinto non-exec invests

(Sharecast News) - Wetherspoon was on the list of director sells on Friday, after the company disclosed a transaction worth more than £0.14m made by its chief executive officer. The pub operator said John Hutson sold 18,000 of his shares on the London Stock Exchange on 12 May.

Hutson sold the shares for 780.13p each, valuing the transaction at a total of £140,423.06.

On the buying side of things, a non-executive director spent almost £25k on shares in Rio Tinto, the company revealed.

Ngaire Woods bought 500 shares in London on 11 May, for 4,920.66p apiece, spending a total of £24,603.30 on the investment.

At 1126 BST, shares in Rio Tinto Group were up 0.07% at 4,886p, while those in JD Wetherspoon were down 0.13% at 778p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Drax Group Name: Will Gardiner Volume: 295,080 Price: 606.66p Value: £1,790,130.56

Company: Drax Group Name: Andy Skelton Volume: 168,231 Price: 606.66p Value: £1,020,589.18

Company: London Stock Exchange Group Name: York Holdings II Volume: 5,420 Price: 8,517.76p Value: £461,662.59

Company: Drax Group Name: Paul Sheffield Volume: 74,358 Price: 606.66p Value: £451,099.80

Company: Drax Group Name: Penelope Small Volume: 73,778 Price: 606.66p Value: £447,581.17

Company: JD Wetherspoon Name: John Hutson Volume: 18,000 Price: 780.13p Value: £140,423.06

Company: Drax Group Name: Matt White Volume: 19,540 Price: 606.66p Value: £118,541.25

DIRECTOR BUYS

Company: Foresight Solar Fund Name: Peter Dicks Volume: 100,000 Price: 110.84p Value: £110,840.00

Company: ICG Enterprise Trust Name: Alastair Bruce Volume: 5,000 Price: 1,079.4p Value: £53,970.00

Company: Rio Tinto Name: Ngaire Woods Volume: 500 Price: 4,920.66p Value: £24,603.30

Company: Victrex Name: Vivienne Cox Volume: 1,304 Price: 1,517p Value: £19,781.68

Company: Rentokil Initial Name: David Frear Volume: 375 Price: $40.12 Value: $15,045.00

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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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