Northumbrian Water bosses pump in cash
A round-up of the biggest director deals today so far.
Northumbrian Water's managing director John Cuthbert topped up his stake in the utility group today, spending more than £100,000 on shares.
He bought 50,000 at 218.25p a time and now has 237,221.
Meanwhile, the wife of finance director Chris Green bought 30,000 shares meaning that Green and 'connected persons' now have 157,679.
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
While water companies are generally seen as defensive during downturns, Northumbrian, which provides water for 2.6m people in the the north east of England and 1.7m in the south east, has seen its share price struggle recently.
Earlier this month, it predicted that second half revenues would be down by about £4m from the first half.
Top Director Buys
Value: £109,150
Value: £94,800
Value: £65,550
Value: £52,000
Value: £45,500
Value: £26,600
Value: £20,300
Value: £11,220
Value: $11,050
Top Director Sells
Value: £337,486
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.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published