Director dealings: Hill & Smith director makes share purchase
Hill & Smith revealed on Monday that non-executive director Pete Raby had acquired 1,600 ordinary shares in the FTSE 250-listed construction products manufacturer.
FTSE 250
20,571.51
13:00 24/12/24
FTSE 350
4,491.87
12:54 24/12/24
FTSE All-Share
4,449.61
13:14 24/12/24
Hill and Smith
1,888.00p
12:35 24/12/24
Industrial Engineering
12,342.81
12:54 24/12/24
Raby, who is also the chief executive of Morgan Advanced Materials, purchased the shares at an average price of 1,271.0p each, for a total value of £20,336.
Back in June, Hill & Smith reported a "modest recovery" in performance during May as Covid-19 lockdown measures were eased, but stated it was still cautious moving forward due to the heightened level of market uncertainty.
While the group posted a 26% year-on-year decline in revenues for both April and May, Hill & Smith also highlighted that it had actually managed to remain profitable during both months.
As of 1625 BST, Hill & Smith shares were down 0.63% at 1,266.0p.
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Ninety One (N91)
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Phsc (PHSC)
Director name: King,Stephen A
Amount purchased: 190,000 @ 12.10p
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Hill & Smith Holdings (HILS)
Director name: Raby,Pete
Amount purchased: 1,600 @ 1,271.00p
Value: £20,336.00
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Director name: Anagnastoras-Adams,Harry
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Director name: King,Stephen A
Amount sold: 190,000 @ 12.00p
Value: £22,800.00