Director dealings: AB Foods director raises stake

1st Jul 2022 14:26

(Sharecast News) - Associated British Foods revealed on Friday that non-executive director Emma Adamo had acquired 45,000 ordinary shares in the FTSE 100-listed food processing and retailing company.

Adamo, who was appointed as a director in 2011, purchased the shares on Wednesday at an average price of 1,636.0p each, for a total value of £736,200.03.

On 20 June, ABF said recent trading had been in line with expectations, with revenues up across all of the group's key verticals due to both price hikes aimed at recovering input cost inflation and a marked volume increase in its ingredients division.

Associated British Foods posted a 32% increase in group revenues to £.3.03bn for the three months ended 28 May, with a 24% improvement in ingredients revenue leading the way.

As of 1450 BST, ABF shares were up 0.82% at 1,591.0p.

Top Director Buys

Associated British Foods (ABF)

Director name: Adamo,Emma

Amount purchased: 45,000 @ 1,636.00p

Value: £736,200.03

Lords Group Trading (LORD)

Director name: Patel,Shanker Bhupendrabhai

Amount purchased: 657,896 @ 73.00p

Value: £480,264.09

Lords Group Trading (LORD)

Director name: Patel,Shanker Bhupendrabhai

Amount purchased: 328,948 @ 73.00p

Value: £240,132.05

Vh Global Sustainable Energy Opportunities (GSEO)

Director name: Horlick,Richard

Amount purchased: 100,000 @ 110.00p

Value: £110,000.00

M&g (MNG)

Director name: McLeland ,Kathryn

Amount purchased: 51,223 @ 194.24p

Value: £99,495.04

Insig Ai (INSG)

Director name: Bernstein,Richard

Amount purchased: 100,000 @ 28.68p

Value: £28,680.00

Vh Global Sustainable Energy Opportunities (GSEO)

Director name: Bulkin,Bernard J

Amount purchased: 18,181 @ 110.00p

Value: £19,999.10

Vh Global Sustainable Energy Opportunities (GSEO)

Director name: Stephens,Margaret

Amount purchased: 18,181 @ 110.00p

Value: £19,999.10

Sylvania Platinum Ltd (di) (SLP)

Director name: Carr,Eileen

Amount purchased: 20,000 @ 89.35p

Value: £17,870.00

British Land Company (BLND)

Director name: Woodhouse,Loraine

Amount purchased: 3,363 @ 443.32p

Value: £14,908.85

Spirax-sarco Engineering (SPX)

Director name: Archon,Angela

Amount purchased: 200 @ 6,239.25p

Value: £12,478.50

Vh Global Sustainable Energy Opportunities (GSEO)

Director name: OBE,Louise Kingham,

Amount purchased: 10,000 @ 110.00p

Value: £11,000.00

Rambler Metals & Mining (RMM)

Director name: Bradbury ,Toby

Amount purchased: 50,000 @ 21.00p

Value: £10,500.00

Easyjet (EZJ)

Director name: Mannings,Moni

Amount purchased: 2,639 @ 376.80p

Value: £9,943.75

3i Group (III)

Director name: Halai,Jasi

Amount purchased: 13 @ 1,118.66p

Value: £145.43

Top Director Sells

Lords Group Trading (LORD)

Director name: Day,Christopher Michael

Amount sold: 924,658 @ 73.00p

Value: £675,000.36