Director dealings: New Volex chairman raises stake

(Sharecast News) - Volex revealed on Monday that chairman Dave Webster had acquired 39,321 ordinary shares in the AIM-listed power products manufacturer. Webster, who took over as chairman in November, purchased the shares at an average price of 407.16p each, for a total value of £160,099.38.

Following the transaction, Webster holds a beneficial interest in 152,417 ordinary Volex shares, representing approximately 0.08% of the company's issued share capital.

As of 1540 GMT, Volex shares were down 1.12% at 399p.





Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

First Tin (1SN) Director name: Smith,Brett Amount purchased: 27,142,856 @ 7.00p Value: £1,899,999.93

First Tin (1SN) Director name: Brookes,Charles Cannon Amount purchased: 4,289,286 @ 7.00p Value: £300,250.02

Volex (VLX) Director name: Webster,Dave Amount purchased: 39,321 @ 407.16p Value: £160,099.38

The Magnum Ice Cream Company N.v. (di) (MICC) Director name: Boxmeer,Jean-François Van Amount purchased: 7,800 @ 13.53 Value: 95,086.22

Hunting (HTG) Director name: Brightman,Stuart Amount purchased: 20,000 @ 387.66p Value: £77,532.00

Future (FUTR) Director name: Ying,Kevin Li Amount purchased: 9,029 @ 550.86p Value: £49,737.15

Future (FUTR) Director name: Brooker,Mark Amount purchased: 7,201 @ 552.63p Value: £39,794.89

First Tin (1SN) Director name: Scotting,Bill Amount purchased: 428,571 @ 7.00p Value: £29,999.97

Future (FUTR) Director name: Suleman,Sharjeel Amount purchased: 4,557 @ 545.85p Value: £24,874.38

Future (FUTR) Director name: Suleman,Sharjeel Amount purchased: 4,557 @ 545.85p Value: £24,874.38

Lindsell Train Investment Trust (LTI) Director name: Lindsell,Michael Amount purchased: 3,500 @ 682.00p Value: £23,870.00

Future (FUTR) Director name: Amdur,Meredith Amount purchased: 1,185 @ 549.00p Value: £6,505.65

Top Director Sells

Mitchells & Butlers (MAB) Director name: Urban,Phil Amount sold: 57,217 @ 256.39p Value: £146,700.49

Mitchells & Butlers (MAB) Director name: Jones,Timothy (Tim) Charles Amount sold: 47,849 @ 256.39p Value: £122,681.58