Director dealings: Supreme CEO invests, Rank Group chief covers tax bill

Sandeep Singh Chadha, the chief executive officer of the AIM-traded Supreme, executed a series of transactions increasing his stake in the company.

The dealings were divided between two entities associated with Chadha - Supreme 8 Limited and the Chadha Discretionary Trust 2020.

Through Supreme 8 Limited, wholly owned by Chadha, three purchases totalling 220,000 shares were made between 29 September and 2 October, with prices per share ranging from 123.862p to 126.674p.

The Chadha Discretionary Trust 2020, classified as a person closely associated (PCA) with the CEO, also acquired 170,000 shares on 29 September and 2 October, varying between 117.8778p and 128.15p per share.

Following the transactions, Chadha had a beneficial interest in 67,266,845 shares of the manufacturer and distributor of fast-moving consumer products, equating to 57.34% of Supreme’s current issued share capital.

Meanwhile, at the Rank Group, chief executive John O'Reilly vested shares under the company's long-term incentive plan for 2010.

On 2 October, the third and final tranche of a block award, granted on 28 June 2018 and contingent on a four-year performance period ending on 30 June 2021, vested to O'Reilly.

A total of 32,418 shares were vested to the CEO, of which 15,237 were sold at 80.2p per share on 3 October.

The sale covered tax liabilities emanating from the vested shares, leaving O’Reilly with 17,181 shares retained post-transaction.

At 1624 BST, shares in Supreme were down 6.27% at 110.6p, while those in the Rank Group were off 0.74% at 80.4p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Ceres Power Holdings (CWR)
Director name: Caldwell ,Philip
Amount purchased: 81,746 @ 320.40p
Value: £261,914.18

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 153,430 @ 126.67p
Value: £194,355.91

Uniphar (cdi) (UPR)
Director name: Rabbette,Gerard
Amount purchased: 84,682 @ 2.25
Value: 171,652.70

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 90,000 @ 117.88p
Value: £106,090.02

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 65,000 @ 123.86p
Value: £80,510.30

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 50,000 @ 128.15p
Value: £64,075.00

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 30,000 @ 123.50p
Value: £37,050.00

Caffyns (CFYN)
Director name: Caffyn,Sarah J
Amount purchased: 3,639 @ 550.00p
Value: £20,014.50

Marshalls (MSLH)
Director name: Murray,Vanda
Amount purchased: 5,000 @ 235.00p
Value: £11,750.00

Natwest Group (NWG)
Director name: Davies,Howard
Amount purchased: 4,391 @ 233.20p
Value: £10,239.81

Eqtec (cdi) (EQT)
Director name: Palumbo,David
Amount purchased: 14,677,486 @ 0.07p
Value: £10,127.47

Ecora Resources (ECOR)
Director name: Shine,Varda
Amount purchased: 10,001 @ 99.49p
Value: £9,949.99

Ig Group Holdings (IGG)
Director name: Rozes,Charlie
Amount purchased: 1,145 @ 617.50p
Value: £7,070.38

Natwest Group (NWG)
Director name: Lewis,Stuart
Amount purchased: 1,275 @ 233.20p
Value: £2,973.30

Natwest Group (NWG)
Director name: Jetha,Yasmin
Amount purchased: 1,200 @ 233.20p
Value: £2,798.40

Natwest Group (NWG)
Director name: Seligman,Mark
Amount purchased: 1,200 @ 233.20p
Value: £2,798.40

Natwest Group (NWG)
Director name: Donnelly,Roisin
Amount purchased: 1,156 @ 233.20p
Value: £2,695.79

Natwest Group (NWG)
Director name: Wilson,Lena
Amount purchased: 1,156 @ 233.20p
Value: £2,695.79

Natwest Group (NWG)
Director name: Dangeard,Frank
Amount purchased: 1,156 @ 233.20p
Value: £2,695.79

Natwest Group (NWG)
Director name: Flynn,Patrick
Amount purchased: 1,156 @ 233.20p
Value: £2,695.79

Supreme (SUP)
Director name: Chadha,Sandeep
Amount purchased: 1,570 @ 125.00p
Value: £1,962.50

Top Director Sells

Caffyns (CFYN)
Director name: Caffyn,Sarah J
Amount sold: 3,639 @ 550.00p
Value: £20,014.50

Rank Group (RNK)
Director name: O'Reilly,John
Amount sold: 15,237 @ 80.20p
Value: £12,220.07