Director dealings: Smiths Group CEO lowers stake

10th Oct 2018 16:15

(Sharecast News) - Smiths Group chief executive Andrew Reynolds Smith sold 47,468 ordinary shares in the FTSE 100-listed engineering business on Wednesday.Smith, who succeeded Philip Bowman as CEO back in September 2015, disposed of the shares at an average price of 1,473.14p, for a total value of £699,271.97.Smiths announced its acquisition of industrial hose maker United Flexible from Arlington Capital Partners for an enterprise value of $345m last week.In the 12 months to 31 December 2018, United Flexible is expected to generate sales of $157m and adjusted EBITDA of $32m, Smiths said, adding that the company would be integrated into its Flex-Tek division.United Flexible makes hoses for high-pressure environments such as plane engines. Customers include Pratt & Whitney, Lockheed Martin and Boeing. It has four operations in the US and three in Europe.As of 1630 BST, Smiths shares were trading 2.66% lower at 1,410,50p.Top Director BuysLearning Technologies Group (LTG)Director name: Elton,NeilAmount purchased: 137,152 @ 127.58pValue: £174,978.52Smiths Group (SMIN)Director name: Dowling ,Dame AnnAmount purchased: 5,813 @ 1,454.49pValue: £84,549.33Jkx Oil & Gas (JKX)Director name: Horn,Hans JochumAmount purchased: 100,000 @ 43.00pValue: £43,000.00Cello Health (CLL)Director name: Jones,ChristopherAmount purchased: 22,726 @ 132.00pValue: £29,998.32Bigblu Broadband (BBB)Director name: Tobin,MichaelAmount purchased: 23,148 @ 107.00pValue: £24,768.36Amino Technologies (AMO)Director name: McGarva,DonaldAmount purchased: 4,000 @ 132.60pValue: £5,304.00Amino Technologies (AMO)Director name: Carlisle,Mark Amount purchased: 3,751 @ 132.95pValue: £4,986.95Getbusy (GETB)Director name: Haworth,Paul Amount purchased: 10,000 @ 41.00pValue: £4,100.00Touchstone Exploration Inc Npv (di) (TXP)Director name: Baay,Paul R. Amount purchased: 10,891 @ $0.36Value: $3,019.62Touchstone Exploration Inc Npv (di) (TXP)Director name: Shipka,JamesAmount purchased: 8,432 @ 35.60pValue: £3,001.79Touchstone Exploration Inc Npv (di) (TXP)Director name: Budau,Scott Amount purchased: 4,216 @ $0.36Value: $1,168.92Foreign And Colonial Inv Trust (FRCL)Director name: Arkle,SarahAmount purchased: 140 @ 698.00pValue: £977.20Foreign And Colonial Inv Trust (FRCL)Director name: Hewitt,JeffreyAmount purchased: 67 @ 698.00pValue: £467.66Tullow Oil (TLW)Director name: McCoss,AngusAmount purchased: 184 @ 245.00pValue: £450.80Tullow Oil (TLW)Director name: Wood,Les Amount purchased: 184 @ 245.00pValue: £450.80Tullow Oil (TLW)Director name: McDade,PaulAmount purchased: 183 @ 245.00pValue: £448.35Grainger (GRI)Director name: Simms,VanessaAmount purchased: 102 @ 294.80pValue: £300.70Grainger (GRI)Director name: Gordon,HelenAmount purchased: 102 @ 294.80pValue: £300.70Brewin Dolphin Holdings (BRW)Director name: Nicol ,David RichardsonAmount purchased: 47 @ 356.25pValue: £167.44Consort Medical (CSRT)Director name: Glenn,JonathanAmount purchased: 14 @ 1,142.55pValue: £159.96Gocompare.com Group (GOCO)Director name: Wrighton,NickAmount purchased: 155 @ 96.70pValue: £149.89National Grid (NG.)Director name: Shaw ,NicolaAmount purchased: 19 @ 786.40pValue: £149.42National Grid (NG.)Director name: Pettigrew,JohnAmount purchased: 19 @ 786.40pValue: £149.42National Grid (NG.)Director name: Agg,Andrew Amount purchased: 19 @ 786.40pValue: £149.42Consort Medical (CSRT)Director name: Hayes,PaulAmount purchased: 13 @ 1,142.55pValue: £148.53National Grid (NG.)Director name: Westcott,Mike Amount purchased: 16 @ 786.40pValue: £125.82Imi (IMI)Director name: Shook ,Daniel Amount purchased: 11 @ 1,100.00pValue: £121.00Imi (IMI)Director name: Selway,Mark WAmount purchased: 11 @ 1,100.00pValue: £121.00Imi (IMI)Director name: Twite,RoyAmount purchased: 11 @ 1,100.00pValue: £121.00Foreign And Colonial Inv Trust (FRCL)Director name: Knapp,EdwardAmount purchased: 11 @ 698.00pValue: £76.78Top Director SellsSmiths Group (SMIN)Director name: Smith,Andrew ReynoldsAmount sold: 47,468 @ 1,473.14pValue: £699,271.97Witan Inv Trust (WTAN)Director name: Rogoff,BenAmount sold: 4 @ 1,056.00pValue: £42.24Witan Inv Trust (WTAN)Director name: Neubert,SuzyAmount sold: 2 @ 1,056.00pValue: £21.12