Patrick Dardis, the retail director at Young & Co's Brewery, can afford to buy more than a round of drinks after selling £29,995-worth of shares.
Dardis, who joined the AIM-50 listed firm in 2002, sold off 4,411 shares at 680.00p each, less than two weeks after Young & Co.'s said it has made a very positive start to the second half of the financial year.
The company reported that revenue was up 34% at £90.5m during the six months to October, with adjusted profit before tax up 11% to £12.5m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Peel Hunt responded to the interim results by upgrading its full-year profit before tax forecast by 2% to £21.0m, and its earnings per share estimate by 1% to 31.5p.
The director has overall responsibility for the operation of the Young's managed estate as well as Young's managed house pub acquisitions and developments.
Top Director Buys
Blackrock Frontiers Investment Trust (BRFI)
Director name: Mr John Murray
Amount purchased: 100,000 @ 75.50p
Value: £75,500
Findel (FDL)
Director name: Mr Tim Kowalski
Amount purchased: 1,298,312 @ 3.83p
Value: £49,725
James Halstead (JHD)
Director name: Mr Anthony Wild
Amount purchased: 2,350 @ 474.28p
Value: £11,146
Top Director Sells
Smiths News (NWS)
Director name: Mr Mark Cashmore
Amount sold: 65,965 @ 85.08p
Value: £56,123
Young & Co's Brewery 'A' Shares (YNGA)
Director name: Mr Patrick Dardis
Amount sold: 4,411 @ 680.00p
Value: £29,995
Smiths News (NWS)
Director name: Mr Jonathan Bunting
Amount sold: 31,839 @ 85.08p
Value: £27,089
Smiths News (NWS)
Director name: Mr Jonathan Bunting
Amount sold: 25,539 @ 85.08p
Value: £21,729
NR
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
