Directors dealings: Findel chairman picks up shares

27th Jan 2017 16:31

(ShareCast News) - Findel's executive chairman, Ian Burke, picked up 40,000 ordinary shares in the multi-channel retailing specialist on 26 January, the company said in a statement.Burke paid a total of £82,000.00 for his new shares at an individual price of 205.0p.In a trading update issued on the same day, the firm told shareholders that total sales for the 16 weeks since 1 October had accelerated from the 6.5% clip seen during the first half to an 11.0% pace.Management also reiterated that full-year group pre-tax profits would be within the range of then current market forecasts for fiscal year 2017 of between £25.5m to £26.1m and of between £27.0m to £29.0m for fiscal year 2018.In parallel, on that same day Philip Maudsley, an executive director, sold 90,000 shares at 205p, for a total disbursement of £184,500.00.Top Director BuysTethyan Resources (TETH)Director name: Mullens , Peter James Amount purchased: 300,000 @ 4.25pValue: £12,750.00Tethyan Resources (TETH)Director name: Goss,ChristopherAmount purchased: 50,000 @ 4.19pValue: £2,095.00Top Director SellsWorkspace Group (WKP)Director name: Hopkins,JamieAmount sold: 35,000 @ 757.32pValue: £265,062.01Findel (FDL)Director name: Maudsley,PhilipAmount sold: 90,000 @ 205.00pValue: £184,500.00Findel (FDL)Director name: Burke, Michael IanAmount purchased: 40,[email protected]: £82,000Workspace Group (WKP)Director name: Clemett,GrahamAmount sold: 15,000 @ 757.32pValue: £113,598.00Workspace Group (WKP)Director name: Hopkins,JamieAmount sold: 11,848 @ 757.32pValue: £89,727.28