Johnson Matthey non-exec buys in
A round-up of the biggest director deals today so far.
Johnson Matthey non-executive director Ian Strachan has substantially lifted his holding in the speciality chemicals firm with the purchase of about £50,000 worth of shares.
He bought 5,800 shares at 857p and now has 6,800 shares.
Strachan, 65, was appointed to his role at Johnson Matthey in 2002. He is also a non-executive director at diversified mining company Xstrata and the engine manufacturer Rolls Royce.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
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
He has previously been a deputy chief executive of mining giant Rio Tinto.
Johnson Matthey has three divisions: Precious Metal Products; Fine Chemicals and Catalysts; and Environmental Technologies.
It is particularly associated with platinum and is the world's leading distributor of the precious metal. Its share price is closely correlated to that of platinum.
The company's market capitalisation is down by more than 50% over the year, reflecting an even sharper fall in platinum's value.
Top Director Buys
Value: £1,428,370
Value: $1,034,000
Value: £90,000
Value: $80,000
Value: £50,120
Value: £49,706
Value: £35,294
Value: £14,900
Value: £10,500
Value: £10,275
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
-
Skipton launches a retirement bond with monthly income – is it any good?
The building society has launched a new three-year fixed-rate bond for those aged 66 and over. Can it boost your retirement income?
By Katie Williams Published
-
Pensions: 140,000 pensioners to be hit by surprise tax demand
Tens of thousands of pensioners will be written to over the summer because their pensions have gone above the frozen income tax thresholds
By Chris Newlands Published