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Director dealings: UP Global Sourcing directors make big purchases
(Sharecast News) - UP Global Sourcing was in the red on Monday, after two of its directors made some big share purchases. The company, which trades as Ultimate Products, said non-executive director Robbie Bell bought 100,000 shares on 1 September.
Bell paid 119.7p for each share, valuing the transaction at £119,700.
At the same time, chairman James McCarthy purchased 65,000 shares for 119.7p apiece, spending a total of £77,805.
Following the purchase, UP said McCarthy had a beneficial interest in 1,000,000 of its shares, representing 1.1% of its issued share capital, while Bell's total interest stood at 502,144 shares, or 0.6% of its issued capital.
At 1148 BST, shares in UP Global Sourcing Holdings were down 4.68% at 112p.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Up Global Sourcing Holdings (UPGS) Director name: Bell,Robbie Amount purchased: 100,000 @ 119.70p Value: £119,700.00
Up Global Sourcing Holdings (UPGS) Director name: McCarthy,James Amount purchased: 65,000 @ 119.70p Value: £77,805.00
Genuit Group (GEN) Director name: Vorih,Joe Amount purchased: 7,500 @ 335.08p Value: £25,130.83
Top Director Sells
Harbour Energy (HBR) Director name: Thomas,Blair Amount sold: 591,131 @ 470.53p Value: £2,781,448.61
Harbour Energy (HBR) Director name: Thomas,Blair Amount sold: 273,507 @ 471.91p Value: £1,290,706.88
Harbour Energy (HBR) Director name: Thomas,Blair Amount sold: 235,000 @ 476.18p Value: £1,119,022.96
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