By Natasha Roberts
Date: Monday 21 Jul 2014
LONDON (ShareCast) - The Group Chief Executive of defence group Chemring has added a batch of shares worth £20,150 to his stake.
Michael Flowers, who was appointed to his current role last month, paid 201.50p for each of the 10,000 shares, all of which were acquired in his wife's name.
Flowers replaced Mark Papworth following a disappointing half year performance, which saw the group post wider half-year losses as end markets remained "challenging".
The company also cautioned that foreign exchange headwinds would continue to have an impact on its second-half performance, although its outlook for the full year remained "broadly unchanged".
Flowers has 13 years of experience in senior management positions within the defence industry.
Top Director Buys
Associated British Foods (ABF)
Director name: Mr George G Weston
Amount purchased: 63,100 @ 2,909.00p
Value: £1,835,579
TVC Holdings (TVCH)
Director name: Mr John Tracey
Amount purchased: 1,440,092 @ 4.52p
Value: £65,092
TXO (TXO)
Director name: Mr Timothy Baldwin
Amount purchased: 20,500,136 @ 0.20p
Value: £41,000
Chemring Group (CHG)
Director name: Mr Michael Flowers
Amount purchased: 10,000 @ 201.50p
Value: £20,150
Sefton Resources Inc. (SER)
Director name: Mr Tom Milne
Amount purchased: 10,076,741 @ 0.16p
Value: £16,123
Volution Group (WI) (FAN)
Director name: Mr Anthony J Reading
Amount purchased: 10,817 @ 138.25p
Value: £14,955
Leyshon Energy Limited (DI) (LEN)
Director name: Mr Kim Michael Sebastian Howell
Amount purchased: 300,000 @ 4.95p
Value: £14,850
Access Intelligence (ACC)
Director name: Mr Michael Jackson
Amount purchased: 500,000 @ 2.90p
Value: £14,500
Sefton Resources Inc. (SER)
Director name: Mr Mark R. Smith
Amount purchased: 8,971,323 @ 0.16p
Value: £14,354
Sefton Resources Inc. (SER)
Director name: Dr Keith A Morris
Amount purchased: 8,665,831 @ 0.16p
Value: £13,865
Top Director Sells
Associated British Foods (ABF)
Director name: Mr George G Weston
Amount sold: 65,202 @ 2,885.00p
Value: £1,881,078
Associated British Foods (ABF)
Director name: Mr George G Weston
Amount sold: 63,100 @ 2,909.00p
Value: £1,835,579
Associated British Foods (ABF)
Director name: Mr George G Weston
Amount sold: 60,500 @ 2,901.00p
Value: £1,755,105
Associated British Foods (ABF)
Director name: Mr George G Weston
Amount sold: 53,943 @ 2,846.00p
Value: £1,535,218
Clontarf Energy (CLON)
Director name: Mr John J Teeling
Amount sold: 16,000,000 @ 0.75p
Value: £120,000
NR
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