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16 Jul 2020 | 15:55

Director dealings: Boohoo executives buy shares amid controversy

(Sharecast News) - Online retailer Boohoo revealed on Thursday that multiple directors had upped their stake in the AIM-listed group that same day. Chairman Mahmud Kamani snapped up 5.0m ordinary shares in the firm at an average price of 214.28p each for a total of £10.7m, while co-founder Carol Kane purchased 2.0m ordinary shares for a total of £4.28m.

Boohoo shares fell on Monday on the back of a raft of negative press coverage around the poor work conditions at the embattled fashion brand's manufacturing operations in Leicester.

The company's shares continued to plunge throughout the week on allegations that factories in its supply chain paid illegally low wages and forced workers to work during the Covid-19 lockdown without protection. Boohoo tried to distance itself from the factories involved and launched an independent review of its supply chain.

As of 1635 BST, Boohoo shares were up 11.29% at 233.70p.

Top Director Buys

Babcock International Group (BAB) Director name: Lockwood,David Amount purchased: 110,000 @ 289.20p Value: £318,120.00

Mj Hudson Group Npv (MJH) Director name: Spicer,Charles Alexander Amount purchased: 87,720 @ 49.00p Value: £42,982.80

Babcock International Group (BAB) Director name: Forster,Carl-Peter Amount purchased: 10,000 @ 288.20p Value: £28,820.00

Babcock International Group (BAB) Director name: Cairnie ,Ruth Amount purchased: 10,000 @ 285.80p Value: £28,580.00

British Land Company (BLND) Director name: Score,Tim Amount purchased: 6,452 @ 387.70p Value: £25,014.40

Gore Street Energy Storage Fund (GSF) Director name: Banszky,Caroline Amount purchased: 15,000 @ 103.50p Value: £15,525.00

Gore Street Energy Storage Fund (GSF) Director name: King,Malcolm Robert Amount purchased: 15,000 @ 103.35p Value: £15,502.50

Ferguson (FERG) Director name: Halligan,Cathy Amount purchased: 225 @ 6,680.00p Value: £15,030.00

Babcock International Group (BAB) Director name: Cairnie ,Ruth Amount purchased: 5,000 @ 285.90p Value: £14,295.00

Onthemarket (OTMP) Director name: Sebag-Montefiore,Rupert O Amount purchased: 11,365 @ 90.00p Value: £10,228.50

Babcock International Group (BAB) Director name: Houlden,Russ Amount purchased: 3,000 @ 286.60p Value: £8,598.00

British Land Company (BLND) Director name: Jackson,William Amount purchased: 2,208 @ 387.70p Value: £8,560.42

Babcock International Group (BAB) Director name: Cairnie ,Ruth Amount purchased: 2,000 @ 286.40p Value: £5,728.00

Bmo Uk High Income Trust (BHI) Director name: Galbraith,Helen Amount purchased: 4,842 @ 80.25p Value: £3,885.71

Assura (AGR) Director name: Smith,Ed Amount purchased: 820 @ 81.00p Value: £664.20

Assura (AGR) Director name: Cottam,Jayne Amount purchased: 820 @ 81.00p Value: £664.20

Anglo American (AAL) Director name: O'Neill ,Tony Amount purchased: 7 @ 1,940.80p Value: £135.86

Anglo American (AAL) Director name: Cutifani,Mark Amount purchased: 7 @ 1,940.80p Value: £135.86

Anglo American (AAL) Director name: Pearce,Stephen Amount purchased: 7 @ 1,940.80p Value: £135.86

Royal Mail (RMG) Director name: Simpson,Stuart Amount purchased: 56 @ 178.99p Value: £100.23

Top Director Sells

Mj Hudson Group Npv (MJH) Director name: Spicer,Charles Alexander Amount sold: 87,720 @ 47.20p Value: £41,403.84

Proton Motor Power Systems (PPS) Director name: Nahab,Faiz Francois Amount sold: 27,495 @ 0.90 Value: 22,293.24

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