Portfolio

Director dealings: Joules Group founder raises stake

By Iain Gilbert

Date: Tuesday 21 Sep 2021

Director dealings: Joules Group founder raises stake

(Sharecast News) - Joules Group revealed on Tuesday that founder Tom Joule had purchased a total of 67,400 ordinary shares in the AIM-listed fashion brand.
Joule, who started the company back in 1989, purchased the shares in two separate transactions - snapping up 17,400 on Friday at an average price of 222.0p before acquiring a further 50,000 on Monday at 215.0p each.

Back in August, Joules said it had swung to a full-year profit as solid online sales and the contribution from recently-acquired Garden Trading more than offset store closures.

In the year to 30 May, the company swung to a pre-tax profit before exceptional costs of £6.1m from a loss of £3.9m the year before. On a statutory basis, it swung to a pre-tax profit of £2m from a loss of £24.8m. Group revenue rose 4.3% to £199m, with e-commerce sales up 48% to £122m.

As of 1625 BST, Joules shares were up 2.02% at 213.10p.

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Rtw Venture Fund Limited Npv (RTW)
Director name: Sirota,Stephanie
Amount purchased: 236,996 @ $1.92
Value: $455,032.31

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
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Director name: Joule,Tom
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Director name: Joule,Tom
Amount purchased: 17,400 @ 222.00p
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Amount purchased: 15 @ 964.00p
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Uls Technology (ULS)
Director name: Scott,Oliver Rupert Andrew
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Director name: Scott,Oliver Rupert Andrew
Amount purchased: 13,194 @ 0.75p
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Director name: Vaughan,Patrick
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