A non-executive director of FTSE 250-listed Booker, a cash and carry firm, has bought £39,315 worth of shares in his first purchase.
Stewart Gilliland bought 50,000 shares at 78.63p each, having previously had none, just one week after the firm announced a 22% rise in its pre-tax interim profits.
54-year-old Gilliland joined the board at the end of last year having recently retired as chief executive of Muller Dairies UK and Ireland.
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
In the 24 weeks to 9 September, Booker's pre-tax profits climbed to £45m from £36.9m over the same period the previous year, on sales that were up by 8.5% at £1.8bn.
On a like-for-like basis, total sales were up by 6.5% (or 5.1% when tobacco is stripped out). The interim dividend rises to 0.33p a share from 0.27p.
Top Director Buys
Booker Group (BOK)
Director name: Mr Stewart Gilliland
Amount purchased: 50,000 @ 78.63p
Value: £39,315
Healthcare Locums (HLO)
Director name: Mr Andrew McRae
Amount purchased: 200,000 @ 5.50p
Value: £11,000
NR
-
Barclays begins paying up to £100 compensation to customers after banking outageBarclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
-
Review: Shangri-La Paris – an ode to the world’s best foodNatasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
