Director dealings: Treatt finance chief sells some shares
Treatt's finance director sold some shares as they traded within throwing distance of their record highs.
Richard Hope sold 10,000 shares at an aggregated price of approximately 1,106.0p apiece on 6 August for a total transaction amount of £110,570.00.
On 11 May, the supplier of flavour and fragrance ingredients had posted a 13.5% rise in first half sales to reach £60.8m for the six months to 31 March.
Before exceptionals meanwhile, its profit before tax was 71.4% higher at £10.4m, despite ongoing investment in the company's capacity and innovation capability to fuel long-term growth.
Hope was left with 396,706 shares or a roughly 0.66% stake in the company after the sale.
As of 1607 BST, Treatt's shares were trading up by 2.34% to 1,095.0p.
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