Directors dealings: Norcros finance chief picks up shares

Norcros's finance chief Shaun Smith picked some shares in the Bathroom products company following the recent sharp drop in the stock price in the wake of the EU referendum vote.

Smith, who was appointed to his post in April 2016, bought 20,000 shares at an individual price of 157p for a total disbursement of £31,400.

On 14 June the company reported its seventh consecutive year of growth and announced it would increase its total dividend from 5.6p to 6.6p.

"The result reflects the successful acquisition strategy and the sustained focus on driving organic growth through market share gain, investment in new products, operational efficiency programmes and geographic expansion," chairman Martin Towers said on that occassion.

"The recent acquisitions, together with our developing pipeline, give me confidence that we can achieve our medium-term strategic objectives," he added.

Full year pre-tax profit came in 40.2% higher at £15.4m, from £11.0m. Revenue was ahead 6.3% at £235.9m, from £222.1m.

As of 16:51 BST shares in Norcros were trading 1.59% lower to 155p.

Top Director Buys

Lxb Retail Properties (LXB)
Director name: Irvine,John Alastair
Amount purchased: 1,408,472 @ 59.90p
Value: £843,674.70

Lxb Retail Properties (LXB)
Director name: Irvine,John Alastair
Amount purchased: 69,265 @ 60.00p
Value: £41,559.00

Volta Finance Limited (VTA)
Director name: Varotsis,Paul
Amount purchased: 5,000 @ € 6.70
Value: € 33,500.00

Norcros (NXR)
Director name: Smith,Shaun M
Amount purchased: 20,000 @ 157.00p
Value: £31,400.00

Independent Resources (IRG)
Director name: Hepp,Brian
Amount purchased: 9,000,000 @ 0.30p
Value: £27,000.00

Mporium Group (MPM)
Director name: Moat,Barry Christopher
Amount purchased: 175,000 @ 7.75p
Value: £13,562.50

Kier Group (KIE)
Director name: Veritiero,Claudio
Amount purchased: 1,072 @ 839.30p
Value: £8,997.30

Dolphin Capital Investors Ltd (DCI)
Director name: Coppel,Andrew
Amount purchased: 150,000 @ 5.99p
Value: £8,985.00

Securities Trust Of Scotland (STS)
Director name: Donaldson,Michael Neil
Amount purchased: 148 @ 1,549.80p
Value: £2,293.70

British Land Company (BLND)
Director name: Maudsley,Charles
Amount purchased: 25 @ 619.99p
Value: £155.00

British Land Company (BLND)
Director name: Roberts,Timothy Andrew
Amount purchased: 25 @ 619.99p
Value: £155.00

Aviva (AV.)
Director name: Amin,Nitinbhai
Amount purchased: 40 @ 384.40p
Value: £153.76

(CMCX)
Director name: Fineberg,David
Amount purchased: 57 @ 266.25p
Value: £151.76

Share Plc (SHRE)
Director name: Thomas ,Gareth
Amount purchased: 517 @ 29.00p
Value: £149.93

Share Plc (SHRE)
Director name: Stone,Richard William
Amount purchased: 517 @ 29.00p
Value: £149.93

Share Plc (SHRE)
Director name: Birkett,Mike
Amount purchased: 517 @ 29.00p
Value: £149.93

Share Plc (SHRE)
Director name: Tolkien,Richard
Amount purchased: 517 @ 29.00p
Value: £149.93

Share Plc (SHRE)
Director name: Ecsery,Francesca Eva
Amount purchased: 517 @ 29.00p
Value: £149.93

(CMCX)
Director name: Foley,Grant
Amount purchased: 56 @ 266.25p
Value: £149.10

British Land Company (BLND)
Director name: Bell,Lucinda
Amount purchased: 24 @ 619.99p
Value: £148.80

British Land Company (BLND)
Director name: Grigg,Chris
Amount purchased: 24 @ 619.99p
Value: £148.80

Kcom Group (KCOM)
Director name: Simpson,Paul
Amount purchased: 115 @ 108.00p
Value: £124.20

Bae Systems (BA.)
Director name: King,Ian
Amount purchased: 23 @ 539.40p
Value: £124.06