Incoming Chemring chairman opens account
A round-up of the biggest director deals today so far.
Incoming chairman Peter Hickson has opened his account with Chemring soon after joining the board of the maker of flares, rockets, grenades and other military products.
He bought 4,000 shares at 2,792p, spending a total of about £111,000.
Hickson was appointed as non-executive director at Chemring on 1 July and will succeed Kenneth Scobie as chairman of the group on 1 October. He is currently the chairman of the marketing company Communisis and a non-executive director of the Kazakh copper miner Kazakhmys.
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
Hickson was named as Scobie's successor in June as Chemring reported a rise in profits in the six months to 30 April.
Profit before tax and one-off items for the six months to 30 April grew to £42.3m from £39.5m a year ago on revenue from continuing operations up 10% to £255.9m.
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?
Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
-
MPs warn over Lifetime ISAs which could leave savers out of pocket
The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”