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Director dealings: Insig AI chair invests, Ultra Electronics CEO covers tax bill

(Sharecast News) - Insig AI was at the top of the list of buys on Tuesday, after its chairman spent almost £80k on its shares. The AIM-traded firm said interim non-executive chair Richard Bernstein bought 275,000 shares at a price of 28.15p each, spending a total of £77,412.50.

Following the purchase, the company said Bernstein's shareholding stood at 13,167,500 shares, representing 12.46% of its current issued capital.

On the selling side of the ledger was Ultra Electronics, after its chief executive officer sold more than £1m of shares to cover the tax bill resulting from the vesting of awards.

The FTSE 250 company said Simon Pryce vested nil-cost awards over 67,452 shares, and then sold 32,616 of them at a price of 3,162.88p each.

That netted him a total of £1,031,597.77 to cover his taxes and fees.

Following the trade, Ultra Electronics said Pryce now held a total of 97,003 of its shares, representing 0.136% of its issued capital.

Top Director Buys

Insig Ai (INSG) Director name: Bernstein,Richard Amount purchased: 275,000 @ 28.15p Value: £77,412.50

Tatton Asset Management (TAM) Director name: Edwards,Paul Amount purchased: 16,404 @ 430.00p Value: £70,537.20

Tatton Asset Management (TAM) Director name: Hogarth,Paul Amount purchased: 16,404 @ 430.00p Value: £70,537.20

Quarto Group Inc. (QRT) Director name: Lau,Chuk Kin Amount purchased: 35,000 @ 176.00p Value: £61,600.00

Glaxosmithkline (GSK) Director name: Barron ,Hal Amount purchased: 2,295 @ $22.43 Value: $42,457.59

Safestyle Uk (SFE) Director name: Neale,Robert Amount purchased: 100,000 @ 41.00p Value: £41,000.00

Essensys (ESYS) Director name: Furness,Mark Amount purchased: 20,934 @ 94.50p Value: £19,782.63

Quarto Group Inc. (QRT) Director name: Lau,Chuk Kin Amount purchased: 10,000 @ 176.00p Value: £17,600.00

Bmo Private Equity Trust (BPET) Director name: Gray,Richard Amount purchased: 750 @ 457.40p Value: £3,430.50

Walker Crips Group (WCW) Director name: Lam,Sean Kin Wai Amount purchased: 8,382 @ 32.05p Value: £2,686.43

Integrafin Holding (IHP) Director name: Scott,Alexander Amount purchased: 37 @ 402.20p Value: £148.81

Integrafin Holding (IHP) Director name: Gunby,Jonathan Amount purchased: 37 @ 402.20p Value: £148.81

Spirent Communications (SPT) Director name: Bell,Paula Amount purchased: 56 @ 223.40p Value: £125.10

Bioventix (BVXP) Director name: Hiscock,Bruce Amount purchased: 3 @ 3,500.00p Value: £105.00

Top Director Sells

Ultra Electronics Holdings (ULE) Director name: Pryce,Simon Amount sold: 32,616 @ 3,162.86p Value: £1,031,597.77

Sabre Insurance Group (SBRE) Director name: Carter,Geoffrey Richard Amount sold: 58,893 @ 216.07p Value: £127,251.29

Sabre Insurance Group (SBRE) Director name: Westwood,Adam Richard Amount sold: 34,321 @ 216.07p Value: £74,158.07

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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.

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