Director dealings: Asos board members buy in after update

17th Jun 2022 14:43

(Sharecast News) - Asos found itself with several entries on the list of director buys on Friday, after three of its board members made investments.

The online clothing giant said non-executive director Jorgen Lindemann bought 57,392 shares at 854.26p each, spending a total of £490,276.88.

Fellow non-exec Patrick Kennedy purchased 30,000 shares at 809.65p, for a total of £242.895.01, while chair Ian Dyson spent £49,655.40 on 6,000 shares at 827.59p apiece.

Following the transactions, the company said Dyson's shareholding now totalled 15,205 shares, while Lindemann had 62,052 and Kennedy 53,000.

All three purchases were made on Thursday, as the company's shares tumbled following a disappointing trading update.

Elsewhere, GB Group disclosed purchases made by two of its directors, worth over £40k each.

The firm said chairman David Rasche bought 11,940 shares, and chief financial officer David Ward picked up 10,000 shares.

Both directors paid 415p apiece, meaning Rasche spent £49,551, and Ward's transaction totalled £41,500.

Following the purchases, the chairman held a total of 743,476 shares, representing a holding of 0.3%, while the CFO's holding totalled 34,000 shares, or 0.0135% of its issued capital.

The purchases were made after GB Group reported a strong set of preliminary results on Thursday morning, with revenue rising 11.4% year-on-year.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Alphawave Ip Group (AWE)

Director name: Sutardja,Sehat

Amount purchased: 1,100,000 @ 144.51p

Value: £1,589,609.94

Asos (ASC)

Director name: Lindemann,Jørgen

Amount purchased: 57,392 @ 854.26p

Value: £490,276.88

Asos (ASC)

Director name: Kennedy,Patrick

Amount purchased: 30,000 @ 809.65p

Value: £242,895.01

Londonmetric Property (LMP)

Director name: Elliott,Alistair

Amount purchased: 50,000 @ 236.00p

Value: £117,999.99

Asos (ASC)

Director name: Dyson,Ian

Amount purchased: 6,000 @ 827.59p

Value: £49,655.40

Gb Group (GBG)

Director name: Rasche,David A

Amount purchased: 11,940 @ 415.00p

Value: £49,551.00

Central Asia Metals (CAML)

Director name: Prentis,Mike

Amount purchased: 5,750 @ 242.00p

Value: £13,915.00

Everyman Media Group (EMAN)

Director name: Scrimgeour,Alex

Amount purchased: 10,000 @ 113.00p

Value: £11,300.00

Helios Towers (HTWS)

Director name: Baker,Alison

Amount purchased: 8,000 @ 123.89p

Value: £9,911.20

Helios Towers (HTWS)

Director name: Baker,Alison

Amount purchased: 8,000 @ 120.88p

Value: £9,670.70

Severfield (SFR)

Director name: Griffiths,Alun Hughes

Amount purchased: 10,000 @ 62.90p

Value: £6,289.75

Johnson Matthey (JMAT)

Director name: Oxley,Stephen

Amount purchased: 18 @ 2,043.12p

Value: £367.76

(HWG)

Director name: Shillaw,Lynda

Amount purchased: 92 @ 161.84p

Value: £148.89

(HWG)

Director name: Birch,Chris

Amount purchased: 92 @ 161.84p

Value: £148.89

(HWG)

Director name: Patmore,Katerina

Amount purchased: 92 @ 161.84p

Value: £148.89