Director dealings: Treatt finance chief sells some shares
Treatt
419.50p
15:44 22/11/24
Treatt's finance director sold some shares as they traded within throwing distance of their record highs.
Chemicals
7,317.72
15:44 22/11/24
FTSE All-Share
4,506.61
15:45 22/11/24
FTSE Small Cap
6,799.14
15:45 22/11/24
Richard Hope sold 10,000 shares at an aggregated price of approximately 1,106.0p apiece on 6 August for a total transaction amount of £110,570.00.
On 11 May, the supplier of flavour and fragrance ingredients had posted a 13.5% rise in first half sales to reach £60.8m for the six months to 31 March.
Before exceptionals meanwhile, its profit before tax was 71.4% higher at £10.4m, despite ongoing investment in the company's capacity and innovation capability to fuel long-term growth.
Hope was left with 396,706 shares or a roughly 0.66% stake in the company after the sale.
As of 1607 BST, Treatt's shares were trading up by 2.34% to 1,095.0p.
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