Director dealings: Greencore's new CEO makes share purchase

5th Dec 2022 15:56

(Sharecast News) - Greencore Group revealed on Monday that new chief executive Dalton Philips had acquired 195,000 ordinary shares in the London-listed food company.

Philips, who joined Greencore in September, purchased the shares on Thursday at an average price of 64.95p each, for a total value of £126,652.50.

Last week, Greencore said that it had seen "strong growth" in food-to-go and other convenience categories in the 53 weeks ended 30 September, driving both revenue and profits higher.

Greencore said group revenues had grown 31.3% year-on-year to £1.7bn, and were also up 20.3% above 2019's pre-Covid performance, while adjusted operating profits almost doubled from £39.2m to £72.2m and operating margins expanded from 2.9% to 4.2%

As of 1625 GMT, Greencore shares were up 1.08% at 65.70p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Greencore Group (cdi) (GNC)

Director name: Philips ,Dalton

Amount purchased: 195,000 @ 64.95p

Value: £126,652.50

Smoove (SMV)

Director name: Scott,Oliver Rupert Andrew

Amount purchased: 136,735 @ 37.00p

Value: £50,591.95

Seeing Machines Ltd. Npv (di) (SEE)

Director name: Brown,Michael

Amount purchased: 500,000 @ 6.40p

Value: £32,000.00

Smoove (SMV)

Director name: Scott,Oliver Rupert Andrew

Amount purchased: 47,071 @ 36.75p

Value: £17,299.20

Smoove (SMV)

Director name: Scott,Oliver Rupert Andrew

Amount purchased: 37,929 @ 38.12p

Value: £14,458.00

Victoria (VCP)

Director name: Morgan,Brian

Amount purchased: 2,500 @ 435.00p

Value: £10,875.00

Top Director Sells

Bank Of Georgia Group (BGEO)

Director name: Breach,Alasdair (Al)

Amount sold: 1,155,000 @ 2,565.00p

Value: £29,625,749.56

Tbc Bank Group (TBCG)

Director name: Butskhrikidze,Vakhtang

Amount sold: 205,000 @ 2,201.00p

Value: £4,512,050.05

Ergomed (ERGO)

Director name: Barfield,Richard

Amount sold: 125,000 @ 1,345.00p

Value: £1,681,249.98