Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Ferguson non-exec invests, Helios Underwriting chair gets dividend alternative

(Sharecast News) - Ferguson was on the list of director buys on Friday, after a non-employee director picked up almost $65k worth of shares. The company said Kelly Baker bought 400 of its shares on 13 July, in a single transaction on the New York Stock Exchange.

Baker paid $162.12 for each share, valuing the investment at a total of $64,848.

Elsewhere, Helios Underwriting disclosed that its executive deputy chairman had been issued shares after choosing to receive a scrip alternative to the 2022 total dividend.

It said Nigel Hanbury was issued 23,674 shares in Friday at the scrip dividend reference price of 175p apiece.

Following the exercise, Hanbury was now interested in 9,386,032 shares, representing 12.13% of its total voting rights.

At 1517 BST, shares in Ferguson were up 0.61% in London at 12,405p, while those in Helios Underwriting were ahead 2.77% at 167p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Ferguson (FERG) Director name: Baker,Kelly Amount purchased: 400 @ $162.12 Value: $53,474.06

Helios Underwriting (HUW) Director name: Hanbury,Nigel Amount purchased: 23,674 @ 175.00p Value: �41,429.50

Spiritus Mundi (SPMU) Director name: Peh,Zaccheus Amount purchased: 10,000 @ 6.00p Value: �600.00

Share this article

Related Sharecast Articles

Director dealings: SSP CEO raises stake
(Sharecast News) - SSP revealed on Thursday that chief executive Patrick Coveney had acquired 40,000 ordinary shares in the FTSE 250-listed food and beverage outlet operator.
Director dealings: ABF director snaps up shares
(Sharecast News) - Primark owner Associated British Foods revealed on Wednesday that non-executive director Kumsal Bayazit had acquired 2,930.0p ordinary shares in the FTSE 250-listed group.
Director dealings: MyCelx director ups stake
(Sharecast News) - MyCelx Technologies revealed on Tuesday that non-executive director André Schnabl had acquired 71,598 ordinary shares in the AIM-listed clean water technology company.
Director dealings: Dunelm director raises stake
(Sharecast News) - Dunelm revealed on Monday that non-executive director Ajay Kavan had acquired 2,450 ordinary shares in the FTSE 250-listed home furnishings retailer.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.