Director dealings: Lloyds chair buys 0.5m shares, Meggitt directors cover tax bills with sales

The FTSE 100 bank said Robin Budenberg purchased 500,000 of its shares on the London Stock Exchange on Monday.

It said he paid 47.4p for each of the shares, spending £236,999.50 in the process.

Aerospace and defence technology giant Meggitt, meanwhile, featured on the selling side of the ledger, after it disclosed the vesting of incentive plan shares to nine directors.

The FTSE 100 company said its chief financial officer Louisa Burdett was awarded 18,463 shares under its 2020 share incentive and retention plan, which automatically vested on Monday.

Of those, 8,695 shares were sold to cover her taxes and costs, at a price of 754.74p, valuing the sale at £65,624.654.

As a result of the transactions, Burdett’s total shareholding now stood at 18,396 shares, or 0.0024% of Meggitt’s issued capital.

Top Director Buys

Lloyds Banking Group (LLOY)
Director name: Budenberg,Robin
Amount purchased: 500,000 @ 47.40p
Value: £236,999.50

Senior (SNR)
Director name: King,Ian
Amount purchased: 100,000 @ 142.02p
Value: £142,020.00

Helical (HLCL)
Director name: Clayton , Susan (Sue)
Amount purchased: 14,000 @ 415.00p
Value: £58,100.00

Metro Bank (MTRO)
Director name: Winsor,Nick
Amount purchased: 50,000 @ 91.02p
Value: £45,510.00

Joules Group (JOUL)
Director name: York,Caroline
Amount purchased: 50,000 @ 59.00p
Value: £29,500.00

Dunelm Group (DNLM)
Director name: Reeve ,William
Amount purchased: 2,000 @ 1,168.70p
Value: £23,374.00

Ediston Property Investment Company (EPIC)
Director name: Moss,Imogen
Amount purchased: 13,126 @ 76.18p
Value: £9,999.91

Getbusy (GETB)
Director name: Huberman,Paul
Amount purchased: 10,000 @ 60.20p
Value: £6,020.00

Great Portland Estates (GPE)
Director name: Courtauld,Toby
Amount purchased: 22 @ 680.75p
Value: £149.76

Great Portland Estates (GPE)
Director name: Sanderson,Nick
Amount purchased: 22 @ 680.75p
Value: £149.76

Top Director Sells

Meggitt (MGGT)
Director name: Burdett,Louisa
Amount sold: 8,695 @ 754.74p
Value: £65,624.64

Micro Focus International (MCRO)
Director name: Murdoch,Stephen
Amount sold: 6,006 @ 378.20p
Value: £22,714.69

Ideagen (IDEA)
Director name: Carroll,Alan
Amount sold: 3,274 @ 221.80p
Value: £7,261.73

Ideagen (IDEA)
Director name: Carroll,Alan
Amount sold: 3,274 @ 221.00p
Value: £7,235.54