Gooch & Housego's finance director Andrew Boteler has sold nearly half of his holding in the optical components and systems supplier.
Boteler sold 13,000 shares and his wife another 2,000 shares. They were all sold at 515p each, raising a total of £77,250. Boteler still owns 16,065 shares.
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
G&H recently bought fibre optic products manufacturer EM4 for an initial £6.3m and raised £10.2m net through a placing at 450p a share.
The current share price is the highest it has been for a decade.
Top Director Buys
Marwyn Value Investors Ltd. (MVI) Director name: Mr Eitan MilgramAmount purchased: 675,000 @ 119.00p Value: £803,250
Electra Private Equity (ELTA) Director name: Mr Geoffrey CullinanAmount purchased: 1,500 @ 1,641.60p Value: £24,624
Personal Assets Trust (PNL) Director name: Mr Martin SharpAmount purchased: 66 @ 30,775.00p Value: £20,312
easyJet (EZJ) Director name: Mr Sir Michael RakeAmount purchased: 3,000 @ 377.70p Value: £11,331
Top Director Sells
-
Inflation holds steady at 3.8% ahead of BoE meetingThe rate of inflation did not rise in August, but the Bank of England is still expected to keep interest rates on hold tomorrow
-
Thousands of savers with £250k pensions take cash over tax-free money and IHT fearsWith a record £70 billion withdrawn from pensions in the year to March, experts are concerned savers are making knee-jerk decisions without advice that could affect their long term wealth
