Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Director dealings: Fevertree CEO spends £1m after disappointing update
(Sharecast News) - Fevertree Drinks was at the top of the list of director buys on Friday, after its co-founder and chief executive splashed on over £1m of shares. The maker of tonics and other fizzy mixers said Tim Warrilow bought 115,000 shares for 870.89p each, spending a total of £1,001,520.04, in a single market trade.
It came after its shares tumbled at the open, as the firm downgraded its full-year profit guidance amid higher costs and highlighted an "exceptionally challenging" environment.
The group said the impact of logistics and cost headwinds has significantly worsened in recent months, with it now expecting gross margins of around 37% and an EBITDA margin of about 14% for the first half.
Elsewhere, Litigation Capital Management disclosed a purchase worth more than £0.2m made by its chairman.
The company said Jonathan Moulds bought 250,000 shares on Thursday for 87.4p apiece, valuing the transaction at £218,500.
Following the purchase, LCM said Moulds had an interest in 2,330,000 of its shares, representing 1.95% of its issued capital.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Fevertree Drinks (FEVR) Director name: Warrillow ,Timothy (Tim) Daniel Amount purchased: 115,000 @ 870.89p Value: £1,001,520.04
Litigation Capital Management Limited (di) (LIT) Director name: Moulds,Jonathan Amount purchased: 250,000 @ 87.40p Value: £218,500.00
Lxi Reit (LXI) Director name: Seaborn,Hugh Amount purchased: 20,500 @ 145.95p Value: £29,919.75
Cmo Group (CMO) Director name: Packer,Suzanne Amount purchased: 40,000 @ 37.89p Value: £15,156.00
Amaroq Minerals Ltd. Npv (di) (AMRQ) Director name: Neuhauser,David Loren Amount purchased: 31,200 @ $0.63 Value: $11,628.71
Appreciate Group (APP) Director name: Parsons,Guy Paul C Amount purchased: 26,455 @ 27.23p Value: £7,202.43
Appreciate Group (APP) Director name: Cabrini ,Sally Amount purchased: 20,000 @ 27.35p Value: £5,470.00
Appreciate Group (APP) Director name: Parsons,Guy Paul C Amount purchased: 10,161 @ 27.30p Value: £2,773.95
Amaroq Minerals Ltd. Npv (di) (AMRQ) Director name: Neuhauser,David Loren Amount purchased: 4,500 @ $0.63 Value: $1,677.22
National Grid (NG.) Director name: Pettigrew,John Amount purchased: 14 @ 1,089.00p Value: £152.46
National Grid (NG.) Director name: Agg,Andrew Amount purchased: 14 @ 1,089.00p Value: £152.46
Share this article
Related Sharecast Articles
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
