Director dealings: Incoming Spectris CFO's spouse snaps up shares

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Sharecast News | 01 Mar, 2019

The spouse of Spectris' new chief financial officer Derek Harding purchased 4,000 ordinary shares in the FTSE 250-listed measuring devices maker.

Ms Harding picked up the shares at an average price of 2,657.94p each, for a total value of £106,318.

Long-time CFO Clive Watston retired from his role as group finance director after 12 years back in January but decided to stay on with the group until 1 April in order to ensure an orderly handover.

In February, Spectris said full-year pre-tax profits fell 22% to £218m as it warned of moderating sales growth in 2019.

Adjusted pre-tax profits rose to £241.4m from £234.2m, while earnings per share fell to 157.6p from 197p last year. Adjusted operating profit was up to £248.3m from £239.3m a year earlier

As of 1620 GMT, Spectris shares had picked up 1.19% to 2,663p.

Top Director Buys

Spectris (SXS)

Director name: Mr Derek Harding

Amount purchased: 4,000 @ 2,657.94p

Value: £106,318

Tungsten Corporation (TUNG)

Director name: Mr Anthony Bromovsky

Amount purchased: 219,339 @ 45.59p

Value: £99,997

Renewi (RWI)

Director name: Mr Luc Sterckx

Amount purchased: 150,000 @ 26.00p

Value: £39,000

Proactis Holdings (PHD)

Director name: Mr Alan John Aubrey

Amount purchased: 42,015 @ 59.50p

Value: £24,999

Proactis Holdings (PHD)

Director name: Mr Alan John Aubrey

Amount purchased: 42,036 @ 59.47p

Value: £24,999

Tungsten Corporation (TUNG)

Director name: Mr Andrew Doman

Amount purchased: 41,666 @ 39.60p

Value: £16,500

Gocompare.com Group (GOCO)

Director name: Ms Angela Seymour-Jackson

Amount purchased: 22,942 @ 65.37p

Value: £14,997

Mobile Streams (MOS)

Director name: Mr Simon David Buckingham

Amount purchased: 3,733,150 @ 0.40p

Value: £14,933

Gocompare.com Group (GOCO)

Director name: Mr Joe Hurd

Amount purchased: 22,500 @ 66.00p

Value: £14,850

Gocompare.com Group (GOCO)

Director name: Mr Nick Hugh

Amount purchased: 21,100 @ 65.39p

Value: £13,797

Top Director Sells

Grit Real Estate Income Group Limited NPV (DI) (GR1T)

Director name: Ms Bronwyn Corbett

Amount sold: 50,000 @ $1.37

Value: $68,695

Grit Real Estate Income Group Limited NPV (DI) (GR1T)

Director name: Ms Bronwyn Corbett

Amount sold: 34,022 @ $1.38

Value: $46,984

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