By Iain Gilbert
Date: Monday 30 Nov 2020
LONDON (ShareCast) - (Sharecast News) - Michelmersh revealed on Monday that non-executive director Anthony Morris had acquired 22,658 ordinary shares in the xxx listed brick manufacturer.
Morris, who was nominated to MBH's board just last week, purchased the shares on Friday at an average price of 111.70p each, for a total value of £25,308.99.
Also on Friday, Michelmersh said its trading performance since June had been "resilient", with current capacity back in line with pre-Covid levels and turnover ahead 7% year-on-year.
Michelmersh now expects underlying revenue and profits for the year ending 31 December will exceed market expectations and, as a result, has decided to repay the £500,000 it received under Downing Street's Covid-19 job retention scheme.
As of 1630 GMT, Michelmersh shares were up 0.90% at 112.0p.
Top Director Buys
Virgin Money Uk (VMUK)
Director name: Duffy,David
Amount purchased: 39,192 @ 126.30p
Value: £49,499.50
Virgin Money Uk (VMUK)
Director name: Bennett,David J
Amount purchased: 23,952 @ 125.49p
Value: £30,057.36
Michelmersh Brick Holdings (MBH)
Director name: Morris,Anthony (Tony)
Amount purchased: 22,658 @ 111.70p
Value: £25,308.99
Virgin Money Uk (VMUK)
Director name: Coby,Paul
Amount purchased: 11,928 @ 125.95p
Value: £15,023.32
Virgin Money Uk (VMUK)
Director name: Pope,Darren
Amount purchased: 11,785 @ 126.52p
Value: £14,910.38
Virgin Money Uk (VMUK)
Director name: Gopalan,Geeta
Amount purchased: 7,932 @ 126.06p
Value: £9,999.08
Caffyns (CFYN)
Director name: Warren,Michael
Amount purchased: 1,825 @ 390.00p
Value: £7,117.50
3i Group (III)
Director name: Wilson,Julia
Amount purchased: 14 @ 1,073.83p
Value: £150.34
Top Director Sells
Highbridge Tactical Credit Fund Limited Nvp Gbp (HTCF)
Director name: Page,Paul Le
Amount sold: 20,000 @ 220.64p
Value: £44,128.80
Honye Financial Services Limited (di) (HOYE)
Director name: Xing ,Liu Yu
Amount sold: 2,864 @ 45.00p
Value: £1,288.80
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