Director dealings: Electrocomponents CEO lowers stake

24th Aug 2018 16:27

(Sharecast News) - Electrocomponents' chief executive Lindsley Ruth disposed of 50,000 ordinary shares in the FTSE 250 firm.Ruth, who took the reins at Electrocomponents back in 2015, sold the shares at an average price of 744.66p each, for a total value of £372,331.45.Back in July, Electrocomponents told investors it had made a strong start to its trading year, with continued double-digit revenue growth and improved profitability.The FTSE 250-listed group increased like-for-like revenue 10% in the three months to 30 June compared to the same time last year, thanks to good growth in all five of its regions, the fastest of which was the Americas which saw like-for-like revenue accelerate 13% in a strong underlying market.Digital revenue grew broadly in line with overall performance at 9% during the quarter.As of 1630 BST, Electrocomponents shares had inched ahead 0.32% to 756.20pTop Director BuysSerco Group (SRP)Director name: Soames,RupertAmount purchased: 128,530 @ 97.92pValue: £125,854.65Artemis Vct (AAM)Director name: Paterson,CalumAmount purchased: 84,966 @ 66.13pValue: £56,183.77Phsc (PHSC)Director name: King,Stephen AAmount purchased: 253,624 @ 11.01pValue: £27,924.00Byotrol (BYOT)Director name: Francis,TrevorAmount purchased: 657,686 @ 3.80pValue: £24,992.07Premier Asset Management Group (PAM)Director name: Colthorpe,Robert Charles LumsdenAmount purchased: 8,500 @ 282.50pValue: £24,012.501spatial (SPA)Director name: Massey,Peter Amount purchased: 43,518 @ 45.50pValue: £19,800.69Byotrol (BYOT)Director name: Langlands,John TAmount purchased: 500,000 @ 3.70pValue: £18,500.00Artemis Vct (AAM)Director name: Murray,EdwardAmount purchased: 25,000 @ 66.13pValue: £16,531.25The Fulham Shore (FUL)Director name: Mankarious,Nabil AyadAmount purchased: 127,000 @ 12.00pValue: £15,240.00Collagen Solutions (COS)Director name: Spence,Hilary Amount purchased: 220,000 @ 4.50pValue: £9,900.00Gcp Infrastructure Investments Ltd (GCP)Director name: Gruchy,Paul deAmount purchased: 7,705 @ 122.60pValue: £9,446.33Soco International (SIA)Director name: Brown,Jann MAmount purchased: 8,767 @ 98.50pValue: £8,635.50Soco International (SIA)Director name: Watts,Mike JAmount purchased: 8,767 @ 98.50pValue: £8,635.50Fidelity European Values (FEV)Director name: Niblett ,RobinAmount purchased: 3,625 @ 234.37pValue: £8,495.91Wood Group (john) (WG.)Director name: Watson,RobinAmount purchased: 742 @ 774.00pValue: £5,743.08Tiziana Life Sciences (TILS)Director name: Cerrone,GabrieleAmount purchased: 5,000 @ 110.80pValue: £5,540.00Tiziana Life Sciences (TILS)Director name: Cerrone,GabrieleAmount purchased: 5,000 @ 108.00pValue: £5,400.00Tiziana Life Sciences (TILS)Director name: Cerrone,GabrieleAmount purchased: 3,000 @ 112.00pValue: £3,360.00Wood Group (john) (WG.)Director name: Kemp,DavidAmount purchased: 387 @ 774.00pValue: £2,995.38Sky (SKY)Director name: Pigasse,MatthieuAmount purchased: 65 @ 1,536.00pValue: £998.40Sky (SKY)Director name: Gilbert,Martin JAmount purchased: 64 @ 1,536.00pValue: £983.04Sky (SKY)Director name: Sukawaty,Andrew (Andy)Amount purchased: 49 @ 1,536.00pValue: £752.64Sky (SKY)Director name: Clarke,Tracy JayneAmount purchased: 40 @ 1,536.00pValue: £614.40Top Director SellsElectrocomponents (ECM)Director name: Ruth,LindsleyAmount sold: 50,000 @ 744.66pValue: £372,331.45Phsc (PHSC)Director name: King,Stephen AAmount sold: 253,624 @ 11.00pValue: £27,898.64.