Director dealings: Be Heard CEO ups stake
Be Heard Group
0.47p
16:54 01/09/20
Be Heard chief executive Simon Pyper acquired 397,768 ordinary shares in the digital marketing outfit on Tuesday.
FTSE AIM All-Share
755.28
17:14 26/04/24
Media
11,859.60
16:59 26/04/24
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