Iain Gilbert Sharecast News
14 Oct, 2024 16:23

Director dealings: Volution CEO lowers stake

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Sharecast / Kai Pilger via Pixabay

Volution Group

554.00p

17:15 20/12/24
0.36%
2.00p

Volution revealed on Monday that chief executive Ronnie George and his wife Lynsey had disposed of 2.3m ordinary shares in the ventilation equipment manufacturer.

Construction & Materials

11,998.68

17:14 20/12/24
-0.09%
-10.53

FTSE 250

20,450.69

17:14 20/12/24
n/a
n/a

FTSE 350

4,463.29

17:14 20/12/24
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n/a

FTSE All-Share

4,421.11

17:04 20/12/24
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George, who took over as CEO in May 2014, sold the shares on Friday at an average price of 560.0p each, for a total value of £12.87m.

Following the transaction, the Georges still hold a beneficial interest in 1.73m ordinary Volution shares, representing approximately 0.88% of the company's issued share capital.

As of 1620 BST, Volution shares were down 0.50% at 602.0p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Blackrock Frontiers Investment Trust (BRFI)
Director name: Dowidar, Hatem
Amount purchased: 24,750 @ 147.00p
Value: £36,382.50

Bisichi (BISI)
Director name: Parish,Clement Robin
Amount purchased: 5,000 @ 123.00p
Value: £6,150.00

Admiral Group (ADM)
Director name: Brierley,Michael
Amount purchased: 91 @ 2,736.00p
Value: £2,489.76

Top Director Sells

Volution Group (FAN)
Director name: George,Ronnie
Amount sold: 2,300,000 @ 560.00p
Value: £12,879,999.78

Supreme (SUP)
Director name: Chadha,Sandeep
Amount sold: 600,000 @ 160.00p
Value: £960,000.01

Netcall (NET)
Director name: Bang,Henrik
Amount sold: 160,000 @ 90.00p
Value: £144,000.00

Abrdn Property Income Trust Limited (API)
Director name: May,Jill
Amount sold: 128,592 @ 61.00p
Value: £78,441.12

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