Robert Watson, Chief Executive Officer of Hilton Food Group, snapped up 100,000 shares in the company on Wednesday April 11, less than a fortnight after the company posted a 10% rise in pre-tax profits.
Watson, who has held his position since 2002, purchased the shares at 280p each for a total outlay of £280,000.
Fellow board members Colin Smith and Sir David Naish, both non-executive directors, also stocked up, buying 20,000 at 295p and 10,000 at 280p, respectively.
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At the end of March the firm posted a 13.6% rise in revenue from £864.2m last year to £981.3m, profit before tax of £24.5m up from £22.2m, and net debt of £18.7m, slightly up from £18.0m the same date the previous year.
The increase in revenue was attributed to the firm's new facility in Denmark and the recovery of higher raw material meat prices.
Top Director Buys
Hilton Food Group (HFG)
Director name: Mr Robert Watson
Amount purchased: 100,000 @ 280.00p
Value: £280,000
Hilton Food Group (HFG)
Director name: Mr Colin D Smith
Amount purchased: 20,000 @ 295.00p
Value: £59,000
Hilton Food Group (HFG)
Director name: Sir David F Naish
Amount purchased: 10,000 @ 280.00p
Value: £28,000
Signet Jewelers Ltd. (SIG)
Director name: Mr Mark Light
Amount purchased: 41,576 @ 1,563.36p
Value: £649,983
City of London Inv Trust (CTY)
Director name: Mr Martin Morgan
Amount purchased: 17,300 @ 288.47p
Value: £49,905
Edinburgh UK Tracker Trust (EUK)
Director name: Mr Paul Yates
Amount purchased: 15,000 @ 253.42p
Value: £38,013
Dragon Oil (DGO)
Director name: Mr Abdul-Jaleel Al-Khalifa
Amount purchased: 4,714 @ 403.50p
Value: £19,021
Xaar (XAR)
Director name: Mr Ramon Borrell
Amount purchased: 6,901 @ 229.10p
Value: £15,810
Murgitroyd Group (MUR)
Director name: Mr David M Gray
Amount purchased: 3,000 @ 360.00p
Value: £10,800
Top Director Sells
Signet Jewelers Ltd. (SIG)
Director name: Mr Mark Light
Amount sold: 41,576 @ 2,902.30p
Value: £1,206,660
Zotefoams (ZTF)
Director name: Mr David Stirling
Amount sold: 88,660 @ 170.00p
Value: £150,722
Zotefoams (ZTF)
Director name: Mr C G Hurst
Amount sold: 61,940 @ 170.00p
Value: £105,298
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