Director dealings: CYBG chairman and deputy get skin in the game

The chairman and deputy chairman of Clydesdale and Yorkshire Bank owner CYBG Plc have put some skin in the game by splashing out on their first stakes in the newly listed banking group.

Chairman Jim Pettigrew, the former finance director of Icap and chief executive of CMC Markets who has been at Clydesdale since 2012, spent just over £91,000 as he picked up 50,000 shares at 182.5p apiece.

Deputy David Bennett, who was CEO of Alliance & Leicester when it was taken over by Santander and joined CYBG last October, has purchased 16,334 shares at 182.66p.

On Friday, non-executive directors David Browne and Adrian Grace both made £30,000 purchases.

This follows unconditional trading of CYBG shares beginning on 8 February after it was demerged from National Australia Bank the week before.

Clydesdale and Yorkshire Bank thus became an independent banking group for the first time since 1920, when it was acquired by Midland Bank.

NAB bought Clydesdale from Midland for £420m in 1987.

Top Director Buys

Cybg (CYBG)
Director name: Pettigrew,Jim
Amount purchased: 50,000 @ 182.50p
Value: £91,252.00

Gama Aviation (GMAA)
Director name: Wright,Stephen
Amount purchased: 25,000 @ 268.00p
Value: £67,000.00

Gama Aviation (GMAA)
Director name: Godley ,Kevin
Amount purchased: 20,000 @ 268.00p
Value: £53,600.00

Enterprise Inns (ETI)
Director name: Fowle,Adam
Amount purchased: 60,000 @ 79.80p
Value: £47,880.00

Goldbridges Global Resources (GBGR)
Director name: Qureshi,Ashar
Amount purchased: 2,000,000 @ 1.80p
Value: £36,000.00

Telford Homes (TEF)
Director name: Holland,David J
Amount purchased: 10,000 @ 325.00p
Value: £32,500.00

Standard Life Equity Income Trust (SLET)
Director name: White,Mark
Amount purchased: 7,657 @ 420.58p
Value: £32,203.73

Cybg (CYBG)
Director name: Grace,Adrian
Amount purchased: 16,220 @ 184.95p
Value: £29,998.89

Cybg (CYBG)
Director name: Bennett,David J
Amount purchased: 16,334 @ 182.66p
Value: £29,835.68

Gama Aviation (GMAA)
Director name: Brown ,Peter
Amount purchased: 10,000 @ 268.00p
Value: £26,800.00

Gama Aviation (GMAA)
Director name: Robins,Ralph
Amount purchased: 10,000 @ 268.00p
Value: £26,800.00

Ms International (MSI)
Director name: O'Connell,Michael
Amount purchased: 9,410 @ 199.00p
Value: £18,725.90

Eservglobal Limited (di) (ESG)
Director name: Conoley,John
Amount purchased: 676,002 @ 2.25p
Value: £15,210.05

Standard Life Equity Income Trust (SLET)
Director name: White,Mark
Amount purchased: 2,343 @ 420.00p
Value: £9,840.60

Cybg (CYBG)
Director name: Browne,David
Amount purchased: 5,000 @ 182.16p
Value: £9,108.12

Telford Homes (TEF)
Director name: Campbell ,David
Amount purchased: 2,000 @ 323.74p
Value: £6,474.80

Pacific Assets Trust (PAC)
Director name: Ginman-Jones,Charlotta
Amount purchased: 2,727 @ 182.00p
Value: £4,963.14

Polar Capital Technology Trust (PCT)
Director name: Ginman-Jones,Charlotta
Amount purchased: 944 @ 525.75p
Value: £4,963.08

Ms International (MSI)
Director name: O'Connell,Michael
Amount purchased: 2,345 @ 199.00p
Value: £4,666.55

Sthree (STHR)
Director name: Elden,Gary
Amount purchased: 63 @ 299.00p
Value: £188.37

Sthree (STHR)
Director name: Smith,Alex
Amount purchased: 63 @ 299.00p
Value: £188.37

Sig (SHI)
Director name: Robertson,Douglas
Amount purchased: 119 @ 126.10p
Value: £150.06

Sig (SHI)
Director name: Mitchell,Stuart
Amount purchased: 119 @ 126.10p
Value: £150.06

Oxford Instruments (OXIG)
Director name: Boyd,Kevin
Amount purchased: 21 @ 709.76p
Value: £149.05

Oxford Instruments (OXIG)
Director name: Flint,David (Jonathan)
Amount purchased: 21 @ 709.76p
Value: £149.05

Bae Systems (BA.)
Director name: King,Ian
Amount purchased: 26 @ 479.50p
Value: £124.67

Petrofac Ltd. (PFC)
Director name: Weller,TimÂ
Amount purchased: 17 @ 726.50p
Value: £123.50

Oxford Instruments (OXIG)
Director name: Flint,David (Jonathan)
Amount purchased: 17 @ 709.76p
Value: £120.66

Topps Tiles (TPT)
Director name: Williams,Matthew
Amount purchased: 104 @ 1.44p
Value: £1.50

Topps Tiles (TPT)
Director name: Parker,Robert
Amount purchased: 34 @ 1.44p
Value: £0.49