Director dealings: WH Ireland director ups stake

WH Ireland's new non-executive director Simon Lough purchased 94,880 ordinary shares in the investment management last week.

Lough, who joined the AIM-listed outfit from wealth management business Heartwood on 29 March, acquired the shares at an average cost of 48p each, for a total value of £45,542, on 17 April, the company said in a statement on Wednesday.

The broker's newest board member now owns 215,001 ordinary shares, representing 0.50% of the company's issued share capital.

WH Ireland warned back in February that higher than expected costs and "challenging" market conditions were likely to affect its results for the year ended 31 March.

The increased number of one-off costs was attributed to the wealth management and corporate broking company's transformation strategy, while there was said to be a "strong pipeline of new business" that makes the board optimistic for the future.

As of 1620 BST, WH Ireland shares were up 3.58% at 49.72p

Top Director Buys

NMCN (NMCN)

Director name: Mr Andrew David Langman

Amount purchased: 20,860 @ 510.10p

Value: £106,407

NMCN (NMCN)

Director name: Mr Andrew David Langman

Amount purchased: 20,240 @ 510.10p

Value: £103,244

W H Ireland Group (WHI)

Director name: Mr Simon Lough

Amount purchased: 94,880 @ 48.00p

Value: £45,542

Fireangel Safety Technology Group (FA.)

Director name: Mr Ashley Victor Silverton

Amount purchased: 77,883 @ 30.00p

Value: £23,365

Zoo Digital Group (ZOO)

Director name: Mr Phillip Blundell

Amount purchased: 25,000 @ 44.20p

Value: £11,050

Manchester & London Investment Trust (MNL)

Director name: Mr David Harris

Amount purchased: 2,000 @ 506.00p

Value: £10,120

Top Director Sells

NMCN (NMCN)

Director name: Mr Andrew David Langman

Amount sold: 41,100 @ 510.00p

Value: £209,610

Fireangel Safety Technology Group (FA.)

Director name: Mr Ashley Victor Silverton

Amount sold: 57,883 @ 29.95p

Value: £17,336