LONDON (ShareCast) - (Sharecast News) - Associated British Foods revealed on Wednesday that chairman Michael McLintock had purchased 9,000 ordinary shares in the FTSE 100-listed food processor and retailer.

McLintock, who took over as chair back in 2018, purchased the shares on Tuesday at an average price of 1,718.24p each, for a total value of £154,641.31.

Yesterday, ABF said full-year profits had fallen by 40% as store closures at its Primark clothing chain due to the coronavirus pandemic offset better performances at its sugar and food ingredients units.

The conglomerate, which produces, Twinings tea, Silver Spoon sugar and Allinson flour, on Tuesday reported pre-tax profits of £810m compared with £1.2bn a year ago on a 12% fall in revenue of £13.9bn. No dividend was declared.

As of 1625 GMT, ABF shares were down 0.95% at 1,711.50p.

Top Director Buys

Associated British Foods (ABF)
Director name: McLintock,Michael
Amount purchased: 9,000 @ 1,718.24p
Value: £154,641.31

Bhp Group (BHP)
Director name: Clever,Xiaoqun
Amount purchased: 2,000 @ $34.05
Value: $36,045.11

Cadence Minerals (KDNC)
Director name: Morzaria,Kiran
Amount purchased: 247,688 @ 12.00p
Value: £29,722.56

Cadence Minerals (KDNC)
Director name: Strang ,Donald
Amount purchased: 212,000 @ 12.00p
Value: £25,440.00

Van Elle Holdings (VANL)
Director name: Nelson,Frank
Amount purchased: 61,149 @ 39.00p
Value: £23,848.11

Regional Reit Limited (RGL)
Director name: Inglis,Stephen
Amount purchased: 32,024 @ 62.20p
Value: £19,918.93

Audioboom Group (BOOM)
Director name: Tobin,Michael
Amount purchased: 11,904 @ 167.00p
Value: £19,879.68

Diverse Income Trust (the) (DIVI)
Director name: Kemsley-Pein,Caroline
Amount purchased: 23,866 @ 82.51p
Value: £19,692.31

Weir Group (WEIR)
Director name: Haan ,Engelbert
Amount purchased: 1,000 @ 1,500.00p
Value: £15,000.00

Bmo Global Smaller Companies (BGSC)
Director name: Bannerman,Nicholas
Amount purchased: 5,000 @ 123.90p
Value: £6,194.85

Cadence Minerals (KDNC)
Director name: Fairbourn ,Adrian
Amount purchased: 50,000 @ 12.00p
Value: £6,000.00

Marshalls (MSLH)
Director name: Clarke,Jack
Amount purchased: 22 @ 686.60p
Value: £151.05

Marshalls (MSLH)
Director name: Coffey,Martyn
Amount purchased: 22 @ 686.60p
Value: £151.05

Centrica (CNA)
Director name: OÂ'Shea,Chris
Amount purchased: 398 @ 37.69p
Value: £150.01



Top Director Sells

Abcam (ABC)
Director name: Hirzel,Alan Thomas
Amount sold: 19,432 @ 1,499.48p
Value: £291,378.76

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