Fidessa Chairman stocks up after results come in flat

18th Feb 2014 16:03

On what was a notably quiet day for director deals, a significant purchase was made by the Chairman of Fidessa Group, John Hamer, one day after the company posted flat results for 2013. Hamer, who joined the financial solutions provider in 1983, acquired 10,000 shares at 2,400p each on Tuesday, lifting his stake to 76,391 shares.The group's results revealed an increase in pre-tax profits to £43.1m from £42m the previous year. Revenues continued to be hit by tough conditions in equity markets and were flat at £279m, up marginally from £278.6m in 2012. Looking ahead, the company said it sees modest growth in 2014. Top Director SellsArden Partners (ARDN) Director name: Mr Jonathan KeelingAmount sold: 25,000 @ 95.00p Value: £23,750Top Director BuysFidessa Group (FDSA) Director name: Mr John HamerAmount purchased: 10,000 @ 2,400.00p Value: £240,000NR