Director dealings: Diploma chair's wife makes £64k investment

Diploma shares were trading slightly firmer on Wednesday, after the company disclosed a share purchase made by the wife of its chair.

The company said Michele Claude Lowden, wife of non-executive chair David Lowden, bought 2,500 shares on Tuesday.

She paid 2,575.65p for each share, valuing the transaction at £64,391.27.

Following the transaction, Diploma said David Lowden's beneficial holding amounted to 2,500 shares.

Elsewhere, the Gym Group was in the green, after a new non-executive director spent over £50,000 on a tranche of shares.

The company said Richard Stables bought 35,000 shares on Tuesday for 144.9p apiece, for a total of £50,713.95.

Stables was appointed to the role and the board on Tuesday, as one of two fresh non-executive additions to the Gym Group.

At 1120 BST, shares in Diploma were up 0.16% at 2,540p, while those in the Gym Group were ahead 0.42% at 142.8p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Diploma (DPLM)
Director name: Lowden,David S
Amount purchased: 2,500 @ 2,575.65p
Value: £64,391.27

The Gym Group (GYM)
Director name: Stables,Richard
Amount purchased: 35,000 @ 144.90p
Value: £50,713.95

Pharos Energy (PHAR)
Director name: Brown,Jann M
Amount purchased: 26,643 @ 24.57p
Value: £6,547.22

Norman Broadbent (NBB)
Director name: Davidson,Kevin
Amount purchased: 42,119 @ 4.72p
Value: £1,988.02

Pharos Energy (PHAR)
Director name: Rivett,Sue
Amount purchased: 3,968 @ 24.57p
Value: £975.09