Director dealings: Be Heard CEO ups stake

Be Heard chief executive Simon Pyper acquired 397,768 ordinary shares in the digital marketing outfit on Tuesday.

Pyper, who joined Be Heard as chief financial officer in March 2018, acquired the shares at an average price of 1.26p each, for a total value of £4.99m.

The executive now holds 4.13m ordinary shares in the AIM-listed outfit, representing a total of 0.40% of the group's issued share capital.

Be Heard told investors on Monday that losses had widened in its last trading year as improved revenues were offset by asset write-downs and a slow start to the year.

Despite a 51% surge in revenues to £29.46m, pre-tax losses widened 160% to £10.3m in 2018 as a non-cash impairment charge on goodwill of £7.2m wiped out any improvement to the group's bottom line.

EBITDA increased by 90% to £3m.

As of 1630 GMT, Be Heard shares had slipped 2.92% to 1.16p.

Top Director Buys

John Laing Group (JLG)

Director name: Hiscock,Nicholas Toby

Amount purchased: 5,259 @ 378.10p

Value: £19,884.28

Be Heard Group (BHRD)

Director name: Pyper,Simon

Amount purchased: 397,768 @ 1.26p

Value: £4,991.99

Spirent Communications (SPT)

Director name: Hutchinson,Eric G

Amount purchased: 176 @ 141.20p

Value: £248.51

Top Director Sells

Jardine Matheson Holdings Ltd (singapore Reg) (JAR)

Director name: Keswick,Simon

Amount sold: 6,000 @ $64.04

Value: $384,240.01

John Laing Group (JLG)

Director name: Hiscock,Nicholas Toby

Amount sold: 5,292 @ 378.00p

Value: £20,003.76