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.
Sign up for MoneyWeek's newsletters
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.
-
Rightmove: UK asking prices hit record high but Britain enters buyer’s market
Higher property taxes are stifling the typically-busy spring selling season and buyers are benefiting from more choice, meaning sellers must price their homes more competitively
-
Inheritance tax reforms: government urged to rethink curbs on rural reliefs
MPs want the government to delay changes to inheritance rax reliefs for farmers