Director dealings: Volution CEO lowers stake
Volution Group
606.00p
16:44 14/10/24
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
12,176.63
17:14 14/10/24
FTSE 250
20,817.19
17:05 14/10/24
FTSE 350
4,573.48
17:14 14/10/24
FTSE All-Share
4,530.10
16:50 14/10/24
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