Director dealings: AO World founder ups stake
AO World said on Friday that chief executive and founder John Roberts had purchased 154,495 ordinary shares in the FTSE 250-listed online household appliance retailer.
Roberts, who set up AO in 2000, purchased the shares on Tuesday at an average price of 143.97p each, for a total value of £222,426.45.
Also on Tuesday, AO World said it had experienced strong demand during the Covid-19 crisis but was cautious about the outlook as it reported a smaller annual loss.
AO's operating loss for the year ended 31 March narrowed to £3.8m from £13m as total revenue rose 15.9% to £1.05bn.
The group said the crisis had converted many customers to online shopping but warned that shrinking economies, fewer housing transactions and a hard Brexit could hit sales.
As of 1635 BST, AO World shares were up 6.24% at 149.80p.
Top Director Buys
Ao World (AO.)
Director name: Roberts,John
Amount purchased: 154,495 @ 143.97p
Value: £222,426.45
Stenprop Limited (STP)
Director name: Beaumont ,James
Amount purchased: 16,534 @ 120.96p
Value: £19,999.53
Contango Holdings (CGO)
Director name: Stansfield,Oliver
Amount purchased: 300,000 @ 4.50p
Value: £13,500.00
Brand Architekts Group (BAR)
Director name: McDowell,Roger
Amount purchased: 10,000 @ 120.00p
Value: £12,000.00
Wood Group (john) (WG.)
Director name: Watson,Robin
Amount purchased: 2,974 @ 220.00p
Value: £6,542.80
Wood Group (john) (WG.)
Director name: Kemp,David
Amount purchased: 1,883 @ 220.00p
Value: £4,142.60
Cobra Resources (COBR)
Director name: Maling,Daniel
Amount purchased: 250,000 @ 1.57p
Value: £3,922.50
Cobra Resources (COBR)
Director name: Maling,Daniel
Amount purchased: 75,000 @ 1.58p
Value: £1,182.75
Johnson Matthey (JMAT)
Director name: MacLeod,Robert
Amount purchased: 18 @ 2,302.22p
Value: £414.40
Johnson Matthey (JMAT)
Director name: Manz,Anna
Amount purchased: 15 @ 2,302.22p
Value: £345.33
Severfield (SFR)
Director name: Cochrane,Ian
Amount purchased: 199 @ 62.82p
Value: £125.01
Severfield (SFR)
Director name: Dunsmore,Alan
Amount purchased: 199 @ 62.82p
Value: £125.01
Top Director Sells
Honye Financial Services Limited (di) (HOYE)
Director name: Xu,Wanbao
Amount sold: 5,627,000 @ 35.00p
Value: £1,969,449.97
Halma (HLMA)
Director name: Meyers,Adam
Amount sold: 47,813 @ 2,219.19p
Value: £1,061,061.33
Instem (INS)
Director name: Reason,Phil
Amount sold: 142,000 @ 435.00p
Value: £617,699.99
Halma (HLMA)
Director name: Meyers,Adam
Amount sold: 25,441 @ 2,219.00p
Value: £564,535.80
Halma (HLMA)
Director name: Meyers,Adam
Amount sold: 22,454 @ 2,187.00p
Value: £491,069.00
Halma (HLMA)
Director name: Ward,Jennifer
Amount sold: 21,368 @ 2,187.00p
Value: £467,318.18
Halma (HLMA)
Director name: Williams,Andrew
Amount sold: 14,695 @ 2,219.19p
Value: £326,109.97
Halma (HLMA)
Director name: Williams,Andrew
Amount sold: 9,560 @ 2,219.19p
Value: £212,154.57
Instem (INS)
Director name: Gare,David
Amount sold: 40,000 @ 435.00p
Value: £174,000.00
Halma (HLMA)
Director name: Ronchetti,Marc
Amount sold: 7,192 @ 2,187.00p
Value: £157,289.05
Stenprop Limited (STP)
Director name: Beaumont ,James
Amount sold: 16,667 @ 120.00p
Value: £20,000.40