Directors dealings: Close Brothers Group non-exec picks up some shares
Close Brothers Group
224.60p
12:10 05/11/24
Sally Williams, a non-executive director at Close Brothers Group, picked up some shares in the UK merchant banking group.
Banks
4,606.84
12:09 05/11/24
FTSE 250
20,466.21
12:10 05/11/24
FTSE 350
4,512.10
12:10 05/11/24
FTSE All-Share
4,469.34
12:10 05/11/24
According to Close Brothers, on 22 March the director bought 1,062 shares at roughly. 412.12p each, for a total transaction amount of £4,376.58
Three days before the firm had unveiled a panoply of measures meant to bolster its capital position amid an ongoing review by the Financial Conduct Authority into motor finance.
All told, those measures were expected to boost its CET1 capital ratio by up to £400m by the end of 2025.
In the wake of those measures, analysts at Berenberg lifted their target price for shares of Close Brothers Group from 425.0p to 470.0p.
"We maintain our 'buy' rating, but acknowledge risks may be too great to bear for many investors."
Top Director Buys
Dowlais Group (DWL)
Director name: Butterworth,Liam
Amount purchased: 314,899 @ 81.18p
Value: £255,625.87
Dowlais Group (DWL)
Director name: Fioroni,Roberto
Amount purchased: 167,179 @ 81.18p
Value: £135,711.06
Mj Gleeson (GLE)
Director name: Thomson,James
Amount purchased: 9,500 @ 511.00p
Value: £48,545.00
Trident Royalties (TRR)
Director name: Gourley,Albert
Amount purchased: 115,875 @ 34.00p
Value: £39,397.50
Bellevue Healthcare Trust (red) (BBH)
Director name: Dixon,Josephine
Amount purchased: 15,775 @ 146.68p
Value: £23,139.04
Bellevue Healthcare Trust (red) (BBH)
Director name: Young,Tony
Amount purchased: 12,086 @ 149.70p
Value: £18,092.74
Trident Royalties (TRR)
Director name: Hughes,Richard John
Amount purchased: 50,000 @ 34.20p
Value: £17,100.00
Kenmare Resources (cdi) (KMR)
Director name: Fonseca,Clever
Amount purchased: 4,200 @ 3.54
Value: 13,394.59
Bellevue Healthcare Trust (red) (BBH)
Director name: Southgate,Paul
Amount purchased: 5,933 @ 146.68p
Value: £8,702.46
European Assets Trust (EAT)
Director name: Troup,Kevin
Amount purchased: 10,000 @ 86.91p
Value: £8,691.00
Bellevue Healthcare Trust (red) (BBH)
Director name: Bolsover,Kate
Amount purchased: 5,892 @ 147.40p
Value: £8,684.81
Trustpilot Group (TRST)
Director name: Davenport,Claire
Amount purchased: 2,642 @ 187.99p
Value: £4,966.74
Close Brothers Group (CBG)
Director name: Williams ,Sally
Amount purchased: 1,062 @ 412.11p
Value: £4,376.58
Top Director Sells
Mercia Asset Management (MERC)
Director name: Chamberlain,Raymond Kenneth
Amount sold: 1,563,813 @ 32.50p
Value: £508,239.21
Trustpilot Group (TRST)
Director name: Damm,Hanno
Amount sold: 140,234 @ 210.05p
Value: £294,556.18
Marshalls (MSLH)
Director name: Bourne,Simon
Amount sold: 6,580 @ 280.00p
Value: £18,424.00
Bellevue Healthcare Trust (red) (BBH)
Director name: Young,Tony
Amount sold: 12,156 @ 149.70p
Value: £18,197.53
Bellevue Healthcare Trust (red) (BBH)
Director name: Dixon,Josephine
Amount sold: 12,089 @ 146.38p
Value: £17,695.37
Bellevue Healthcare Trust (red) (BBH)
Director name: Bolsover,Kate
Amount sold: 5,933 @ 147.40p
Value: £8,745.24
Bellevue Healthcare Trust (red) (BBH)
Director name: Southgate,Paul
Amount sold: 5,933 @ 146.45p
Value: £8,688.84
Bellevue Healthcare Trust (red) (BBH)
Director name: Dixon,Josephine
Amount sold: 3,686 @ 146.38p
Value: £5,395.38