Director dealings: Arcontech CEO invests, Hargreaves Services director conducts sale-and-repurchase

Matthew Jeffs, chief executive officer of Arcontech Group, disclosed a series of personal share purchases in the company on Monday, amounting to a total of 60,000 ordinary shares.

The transactions were carried out over two days, with Jeffs acquiring 50,000 shares at 120p each on 7 November, followed by an additional 10,000 shares at 118p each on 8 November.

That brought his total beneficial interest in Arcontech to 995,000 shares, representing 7.44% of the company's issued share capital.

The trades were executed on the London Stock Exchange.

Meanwhile, Hargreaves Services disclosed that its group property director David Anderson conducted a share sale and immediate repurchase on 8 November.

Anderson sold 2,789 ordinary shares at 564p per share, and promptly reacquired the same volume into an ISA at a slightly lower price of 563.87p per share.

The transaction left Anderson's total holding unchanged at 113,653 shares, representing 0.35% of Hargreaves’ issued share capital.

The manoeuvre was also executed on the London Stock Exchange.

At 1339 GMT, shares in Arcontech Group were up 5.26% at 120p, while those in Hargreaves Services were down 3.52% at 567.28p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Arcontech Group (ARC)
Director name: Jeffs ,Matthew
Amount purchased: 50,000 @ 120.00p
Value: £60,000.00

Oncimmune Holdings (ONC)
Director name: Goold,John
Amount purchased: 333,333 @ 15.00p
Value: £49,999.95

Hargreaves Services (HSP)
Director name: Anderson,David
Amount purchased: 2,789 @ 563.87p
Value: £15,726.33

Oncimmune Holdings (ONC)
Director name: Macdonald,Alistair
Amount purchased: 100,000 @ 15.00p
Value: £15,000.00

Arcontech Group (ARC)
Director name: Jeffs ,Matthew
Amount purchased: 10,000 @ 118.00p
Value: £11,800.00

Oncimmune Holdings (ONC)
Director name: Gouldstone,Martin
Amount purchased: 66,667 @ 15.00p
Value: £10,000.05

Top Director Sells

Hargreaves Services (HSP)
Director name: Anderson,David
Amount sold: 2,789 @ 564.00p
Value: £15,729.96