Director dealings: Chemring CEO lowers stake

(Sharecast News) - Chemring revealed on Wednesday that chief executive Michael Ord had disposed of 200,000 ordinary shares in the FTSE 250-listed defense technology company. Ord, who took over as CEO in June 2018, sold the shares on Tuesday at an average price of 611.85p each, for a total value of £1.22m.

Following the sale, Ord holds a beneficial interest in 372,991 ordinary Chemring shares.

As of 1530 BST, Chemring shares were up 3.50% at 635p.





Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Pci-pal (PCIP) Director name: Rand,Carolyn Amount purchased: 8,608 @ 5,810.00p Value: £500,124.79

Peel Hunt Limited Npv (PEEL) Director name: Neve ,Billy Amount purchased: 8,089 @ 97.00p Value: £7,846.33

Aberdeen New India Investment Trust (ANII) Director name: Ecsery,Francesca Amount purchased: 405 @ 734.40p Value: £2,974.32

Top Director Sells

Redcentric (RCN) Director name: Scott,Oliver Rupert Andrew Amount sold: 11,947,139 @ 160.00p Value: £19,115,422.68

Redcentric (RCN) Director name: Radziwill,John Amount sold: 9,345,454 @ 160.00p Value: £14,952,726.62

Chemring Group (CHG) Director name: Ord,Michael Amount sold: 200,000 @ 611.85p Value: £1,223,694.42

Shell (SHEL) Director name: Gorman,Sinead Amount sold: 30,000 @ 3,368.66p Value: £1,010,596.96

Babcock International Group (BAB) Director name: Mellors,David Amount sold: 24,804 @ 1,144.33p Value: £283,839.03

Iqe (IQE) Director name: Bastani,Bamdad Amount sold: 500,000 @ 45.83p Value: £229,150.00

Redcentric (RCN) Director name: Aubrey,Alan John Amount sold: 39,343 @ 160.00p Value: £62,948.80

Peel Hunt Limited Npv (PEEL) Director name: Neve ,Billy Amount sold: 25,430 @ 96.44p Value: £24,524.69