Director dealings: City Pub Group boss buys at 200-day moving average

City Pub chief, Clive Watson, added to his holdings in the firm, right as the stock peeped above its 200-day moving average following the release of the company's latest trading statement.

Watson picked-up 40,000 shares at 209p a pop on Wednesday for a total transaction amount of roughly £83,600, the company said.

In a trading update, the AIM-listed firm's management said earnings were in-line with expectations and provided further details to markets on its acquisition pipeline.

Commenting on the update, analysts at Berenberg said they believed the company "can create substantial value" from both its development assets and future purchases over the next few years, predicting that 2019 would be "another transformational year".

Shares of the roughly £122.0m market cap outfit finished the session right up against their 200-day moving average, having finished the day in the green on higher-than-usual trading volumes, albeit having left a couple of 'bullish' gaps behind on the way back up from their December 2018 lows.

Top Director Buys

Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 205,000 @ 263.00p
Value: £539,150.02

Boku, Inc (di) Reg S Cat 3/144a (BOKU)
Director name: Britto,Mark Jorge
Amount purchased: 400,000 @ 75.00p
Value: £300,000.00

Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 75,000 @ 263.00p
Value: £197,250.01

Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 75,000 @ 263.00p
Value: £197,250.01

Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 50,000 @ 263.00p
Value: £131,500.01

Caledonia Investments (CLDN)
Director name: Wyatt,William
Amount purchased: 3,000 @ 2,940.00p
Value: £88,200.00

Caledonia Investments (CLDN)
Director name: Wyatt,William
Amount purchased: 2,930 @ 2,940.00p
Value: £86,142.00

The City Pub Group (CPC)
Director name: Watson,Clive
Amount purchased: 40,000 @ 209.03p
Value: £83,610.00

Card Factory (CARD)
Director name: Hubbard,Karen
Amount purchased: 40,417 @ 171.03p
Value: £69,125.19

Caledonia Investments (CLDN)
Director name: Wyatt,William
Amount purchased: 2,000 @ 2,940.00p
Value: £58,800.00

Caledonia Investments (CLDN)
Director name: Wyatt,William
Amount purchased: 2,000 @ 2,940.00p
Value: £58,800.00

Greencore Group (GNC)
Director name: Rose,Helen
Amount purchased: 25,000 @ 188.15p
Value: £47,037.50

Udg Healthcare Public Limited Company (UDG)
Director name: Ricciardi,Lisa
Amount purchased: 6,745 @ $7.41
Value: $39,869.53

Card Factory (CARD)
Director name: Hubbard,Karen
Amount purchased: 5,824 @ 170.44p
Value: £9,926.43

Taptica International (di) (TAP)
Director name: Zehavi,Ronni
Amount purchased: 1,424 @ 439.00p
Value: £6,251.36

Taptica International (di) (TAP)
Director name: Zehavi,Ronni
Amount purchased: 1,460 @ 428.00p
Value: £6,248.80

Personal Assets Trust (PNL)
Director name: Ferguson,Iain
Amount purchased: 3 @ 39,345.00p
Value: £1,180.35

Personal Assets Trust (PNL)
Director name: Rushbrook ,Frank
Amount purchased: 2 @ 39,347.50p
Value: £786.95

Personal Assets Trust (PNL)
Director name: Rushbrook ,Frank
Amount purchased: 2 @ 39,347.50p
Value: £786.95

Sthree (STHR)
Director name: Smith,Alex
Amount purchased: 69 @ 274.50p
Value: £189.40

Sthree (STHR)
Director name: Elden,Gary
Amount purchased: 69 @ 274.50p
Value: £189.40

Top Director Sells

Card Factory (CARD)
Director name: Hubbard,Karen
Amount sold: 40,417 @ 170.50p
Value: £68,910.99

Altona Energy (ANR)
Director name: Hales,Robert
Amount sold: 13,320 @ 32.30p
Value: £4,302.36

Altona Energy (ANR)
Director name: Hales,Robert
Amount sold: 4,184 @ 31.30p
Value: £1,309.59