Volution Group (FAN)

Sector:

Construction and Building Materials

Index:

FTSE 250

434.60p
   
  • Change Today:
      7.00p
  • 52 Week High: 448.00
  • 52 Week Low: 336.60
  • Currency: UK Pounds
  • Shares Issued: 197.79m
  • Volume: 288,104
  • Market Cap: £859.61m
  • RiskGrade: 270

Director dealings: Volution CEO lowers stake

By Iain Gilbert

Date: Friday 24 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Volution Group revealed on Friday that chief executive Ronnie George and his wife Lynsey had disposed of a combined total of 3.05m ordinary shares in the London-listed manufacturer of ventilation products.
George, along with his wife, sold the shares at an average price of 230.00p each, for a total value of £7.01m.

The pair will continue to be interested in approximately 1.5% of the issued share capital of the company.

George also agreed that, without the prior written consent of Liberum Capital, neither he, nor any person closely associated with him, will dispose of any further ordinary shares for a period of 12 months.

Earlier in the same session, analysts at Berenberg had upgraded their view on the stock from 'hold' to 'buy'.

"Despite underlying UK construction activity weakening in H2 2019, the sector has rallied by 45% since the start of 2019, entirely driven by a re-rating as investors became more positive about domestic stocks, aided by the UK election result in December," they told clients.

"The sector's valuation is now at a multi-year high, with improved sentiment for 2020E based on reduced political uncertainty and a potential fiscal stimulus."

As of 1645 GMT, Volution shares were up 0.83% at 239.98p.

Top Director Buys

Lxi Reit (LXI)
Director name: Cartwright,John
Amount purchased: 42,814 @ 134.20p
Value: £57,456.39

C&c Group (CCR)
Director name: Clerkin,Jim
Amount purchased: 7,000 @ 367.00p
Value: £25,690.00

Wood Group (john) (WG.)
Director name: Watson,Robin
Amount purchased: 1,604 @ 389.00p
Value: £6,239.56



Top Director Sells

Volution Group (FAN)
Director name: George,Ronnie
Amount sold: 2,800,000 @ 230.00p
Value: £6,439,999.87

Volution Group (FAN)
Director name: George,Ronnie
Amount sold: 250,000 @ 230.00p
Value: £574,999.99

Lxi Reit (LXI)
Director name: Cartwright,John
Amount sold: 42,814 @ 134.20p
Value: £57,456.39

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Volution Group Market Data

Currency UK Pounds
Share Price 434.60p
Change Today 7.00p
% Change 1.64 %
52 Week High 448.00
52 Week Low 336.60
Volume 288,104
Shares Issued 197.79m
Market Cap £859.61m
RiskGrade 270

Volution Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.55% below the market average96.55% below the market average96.55% below the market average96.55% below the market average96.55% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
63.31% above the market average63.31% above the market average63.31% above the market average63.31% above the market average63.31% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average
Income
76.77% below the market average76.77% below the market average76.77% below the market average76.77% below the market average76.77% below the market average
94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average
Growth
8.79% above the market average8.79% above the market average8.79% above the market average8.79% above the market average8.79% above the market average
21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 3
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Volution Group Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Mar-24 23-Nov-23
Paid 07-May-24 19-Dec-23
Amount 2.80p 5.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 4,355 @ 434.60p
16:35 252 @ 434.60p
16:35 112,018 @ 434.60p
16:35 210 @ 434.60p
16:35 206 @ 434.60p

Volution Group Key Personnel

CEO Ronnie George
CFO Andy O'Brien
Chair Nigel Lingwood

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