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11 Feb 2021 | 16:36

Director dealings: Safestyle CEO ups stake

(Sharecast News) - Safestyle revealed on Thursday that chief executive Michael Gallacher had acquired 120,240 ordinary shares in the AIM-listed replacement windows and doors retailer. Gallacher, who took over as CEO back in May 2018, purchased the shares on Wednesday at an average price of 40.5p each, for a total value of £48,697.20.

Following the transaction, Gallacher has a beneficial interest in 320,240 ordinary Safestyle shares, representing 0.23% of the group's issued share capital.

On Wednesday, Safestyle warned that it expects to report a loss for the year ended 31 December despite returning to profit in the second half.

Safestyle expects full-year revenues to be over £113.0m, with second-half revenues up 15% year-on-year but still expects to post an underlying loss before taxation of approximately £4.7m due to the cessation of operations during the first nationwide Covid-19 lockdown.

As of 1650 GMT, Safestyle shares were up 3.69% at 40.70p.

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Proton Motor Power Systems (PPS) Director name: Gierse,Helmut Amount purchased: 66,667 @ 105.00p Value: £70,000.35

Safestyle Uk (SFE) Director name: Gallacher,Michael Amount purchased: 120,240 @ 40.50p Value: £48,697.20

Iomart Group (IOM) Director name: Cunningham,Scott Amount purchased: 5,000 @ 318.00p Value: £15,900.00

Ms International (MSI) Director name: Bell,Michael J Amount purchased: 4,396 @ 166.50p Value: £7,319.34

Brewin Dolphin Holdings (BRW) Director name: Beer,Robin Amount purchased: 240 @ 298.65p Value: £716.76

Croda International (CRDA) Director name: Brophy ,Tom Amount purchased: 3 @ 6,530.00p Value: £195.90

Sabre Insurance Group (SBRE) Director name: Kingan,Anneka Amount purchased: 56 @ 268.00p Value: £150.08

Sabre Insurance Group (SBRE) Director name: Carter,Geoffrey Richard Amount purchased: 56 @ 268.00p Value: £150.08

Arden Partners (ARDN) Director name: Clive Reed-Daunter,James (Jim) Amount purchased: 1,282 @ 11.70p Value: £149.99

Meggitt (MGGT) Director name: Wood,Tony Amount purchased: 34 @ 434.44p Value: £147.71

Sse (SSE) Director name: Alexander,Gregor Amount purchased: 10 @ 1,475.96p Value: £147.60

Oxford Instruments (OXIG) Director name: Barkshire,Ian Amount purchased: 7 @ 2,025.08p Value: £141.76

Oxford Instruments (OXIG) Director name: Hill,Gavin Amount purchased: 7 @ 2,025.08p Value: £141.76

Croda International (CRDA) Director name: Foots,Steve Amount purchased: 2 @ 6,530.00p Value: £130.60

Croda International (CRDA) Director name: Maiden,Jez K Amount purchased: 2 @ 6,530.00p Value: £130.60

Sse (SSE) Director name: Phillips-Davies,Alistair Amount purchased: 8 @ 1,475.96p Value: £118.08

Sse (SSE) Director name: Pibworth ,Martin Amount purchased: 3 @ 1,475.96p Value: £44.28

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