Director dealings: Volex chairman ups stake via NR interest
Volex revealed on Tuesday that NR Holdings had acquired 60,000 ordinary shares in the AIM-listed electronic connectors manufacturer.
Electronic & Electrical Equipment
10,090.79
12:54 24/12/24
FTSE AIM 50
3,897.43
13:14 24/12/24
FTSE AIM All-Share
717.40
13:14 24/12/24
Volex
281.00p
12:40 24/12/24
NR Holdings, which chairman Nathaniel Rothschild is a beneficiary, purchased the shares on Monday at an average price of 418.40p each, for a total value of £251,041.37.
Last week, Volex signed a share purchase agreement for the acquisition of Prodamex and Terminal & Cable for a total consideration of CAD 22.5m (£13.17m).
Volex said the consideration would be paid in cash from its existing debt facilities at completion, which was expected in the third quarter of the 2022 financial year subject to customary closing conditions, including regulatory approvals in Canada.
As of 1625 BST, Volex shares were up 4.43% at 436.0p.
Top Director Buys
Frenkel Topping Group (FEN)
Director name: Mills,Christopher
Amount purchased: 648,259 @ 71.20p
Value: £461,560.42
Frenkel Topping Group (FEN)
Director name: Mills,Christopher
Amount purchased: 351,741 @ 73.25p
Value: £257,650.29
Volex (VLX)
Director name: Rothschild,Nathaniel
Amount purchased: 60,000 @ 418.40p
Value: £251,041.37
Glaxosmithkline (GSK)
Director name: Barron ,Hal
Amount purchased: 2,587 @ 1,933.00p
Value: £50,007.91
Coral Products (CRU)
Director name: Freud,Paul
Amount purchased: 200,000 @ 13.34p
Value: £26,687.60
S4 Capital (SFOR)
Director name: Spirit,Scott
Amount purchased: 2,769 @ 714.28p
Value: £19,778.42
Ip Group (IPO)
Director name: Chae,Heejae
Amount purchased: 16,000 @ 123.00p
Value: £19,680.00
Ip Group (IPO)
Director name: Smith,Greg
Amount purchased: 8,500 @ 123.00p
Value: £10,455.00
Franchise Brands (FRAN)
Director name: Choudhury,Julia Rosalind
Amount purchased: 2,030 @ 132.99p
Value: £2,699.70
Franchise Brands (FRAN)
Director name: Dent,Chris
Amount purchased: 300 @ 132.99p
Value: £398.97
Prudential (PRU)
Director name: Wells,Mike
Amount purchased: 13 @ 1,493.95p
Value: £194.21
Prudential (PRU)
Director name: FitzPatrick,Mark
Amount purchased: 13 @ 1,493.95p
Value: £194.21
Zotefoams (ZTF)
Director name: McGrath ,Gary
Amount purchased: 41 @ 374.00p
Value: £153.34
Escape Hunt (ESC)
Director name: Harpham,Richard
Amount purchased: 465 @ 32.25p
Value: £149.96
Escape Hunt (ESC)
Director name: Bird,Graham
Amount purchased: 465 @ 32.25p
Value: £149.96
Zotefoams (ZTF)
Director name: Stirling,David
Amount purchased: 40 @ 374.00p
Value: £149.60
Easyjet (EZJ)
Director name: Jarvis,Kenton
Amount purchased: 23 @ 649.57p
Value: £149.40
Qinetiq Group (QQ.)
Director name: Wadey ,Steve
Amount purchased: 46 @ 324.62p
Value: £149.33
Qinetiq Group (QQ.)
Director name: Smith,David
Amount purchased: 46 @ 324.62p
Value: £149.33
Sabre Insurance Group (SBRE)
Director name: Carter,Geoffrey Richard
Amount purchased: 74 @ 201.00p
Value: £148.74
Meggitt (MGGT)
Director name: Wood,Tony
Amount purchased: 20 @ 742.69p
Value: £148.54
Oxford Instruments (OXIG)
Director name: Hill,Gavin
Amount purchased: 6 @ 2,278.00p
Value: £136.68
Oxford Instruments (OXIG)
Director name: Barkshire,Ian
Amount purchased: 6 @ 2,278.00p
Value: £136.68
Top Director Sells
Zegona Communications (ZEG)
Director name: OÂ’Hare,Eamonn
Amount sold: 1,990,997 @ 153.50p
Value: £3,056,180.33
Zegona Communications (ZEG)
Director name: Samuelson,Robert
Amount sold: 645,478 @ 153.50p
Value: £990,808.71
Zegona Communications (ZEG)
Director name: Williams,Richard
Amount sold: 61,418 @ 153.50p
Value: £94,276.63
Alumasc Group (ALU)
Director name: Jackson,Gilbert
Amount sold: 20,353 @ 225.00p
Value: £45,794.25
Zegona Communications (ZEG)
Director name: Martin,Ashley G
Amount sold: 10,268 @ 153.50p
Value: £15,761.38
Lookers (LOOK)
Director name: McPhee,Duncan
Amount sold: 9,982 @ 64.40p
Value: £6,428.41