Directors dealings: Norcros finance chief picks up shares

15th Jul 2016 16:31

(ShareCast News) - Norcros's finance chief Shaun Smith picked some shares in the Bathroom products company following the recent sharp drop in the stock price in the wake of the EU referendum vote.Smith, who was appointed to his post in April 2016, bought 20,000 shares at an individual price of 157p for a total disbursement of £31,400.On 14 June the company reported its seventh consecutive year of growth and announced it would increase its total dividend from 5.6p to 6.6p."The result reflects the successful acquisition strategy and the sustained focus on driving organic growth through market share gain, investment in new products, operational efficiency programmes and geographic expansion," chairman Martin Towers said on that occassion."The recent acquisitions, together with our developing pipeline, give me confidence that we can achieve our medium-term strategic objectives," he added.Full year pre-tax profit came in 40.2% higher at £15.4m, from £11.0m. Revenue was ahead 6.3% at £235.9m, from £222.1m.As of 16:51 BST shares in Norcros were trading 1.59% lower to 155p. Top Director BuysLxb Retail Properties (LXB)Director name: Irvine,John AlastairAmount purchased: 1,408,472 @ 59.90pValue: £843,674.70Lxb Retail Properties (LXB)Director name: Irvine,John AlastairAmount purchased: 69,265 @ 60.00pValue: £41,559.00Volta Finance Limited (VTA)Director name: Varotsis,PaulAmount purchased: 5,000 @ € 6.70Value: € 33,500.00Norcros (NXR)Director name: Smith,Shaun MAmount purchased: 20,000 @ 157.00pValue: £31,400.00Independent Resources (IRG)Director name: Hepp,Brian Amount purchased: 9,000,000 @ 0.30pValue: £27,000.00Mporium Group (MPM)Director name: Moat,Barry ChristopherAmount purchased: 175,000 @ 7.75pValue: £13,562.50Kier Group (KIE)Director name: Veritiero,ClaudioAmount purchased: 1,072 @ 839.30pValue: £8,997.30Dolphin Capital Investors Ltd (DCI)Director name: Coppel,AndrewAmount purchased: 150,000 @ 5.99pValue: £8,985.00Securities Trust Of Scotland (STS)Director name: Donaldson,Michael NeilAmount purchased: 148 @ 1,549.80pValue: £2,293.70British Land Company (BLND)Director name: Maudsley,Charles Amount purchased: 25 @ 619.99pValue: £155.00British Land Company (BLND)Director name: Roberts,Timothy AndrewAmount purchased: 25 @ 619.99pValue: £155.00Aviva (AV.)Director name: Amin,NitinbhaiAmount purchased: 40 @ 384.40pValue: £153.76 (CMCX)Director name: Fineberg,DavidAmount purchased: 57 @ 266.25pValue: £151.76Share Plc (SHRE)Director name: Thomas ,Gareth Amount purchased: 517 @ 29.00pValue: £149.93Share Plc (SHRE)Director name: Stone,Richard WilliamAmount purchased: 517 @ 29.00pValue: £149.93Share Plc (SHRE)Director name: Birkett,Mike Amount purchased: 517 @ 29.00pValue: £149.93Share Plc (SHRE)Director name: Tolkien,RichardAmount purchased: 517 @ 29.00pValue: £149.93Share Plc (SHRE)Director name: Ecsery,Francesca Eva Amount purchased: 517 @ 29.00pValue: £149.93 (CMCX)Director name: Foley,Grant Amount purchased: 56 @ 266.25pValue: £149.10British Land Company (BLND)Director name: Bell,Lucinda Amount purchased: 24 @ 619.99pValue: £148.80British Land Company (BLND)Director name: Grigg,ChrisAmount purchased: 24 @ 619.99pValue: £148.80Kcom Group (KCOM)Director name: Simpson,PaulAmount purchased: 115 @ 108.00pValue: £124.20Bae Systems (BA.)Director name: King,IanAmount purchased: 23 @ 539.40pValue: £124.06