LONDON (ShareCast) - (Sharecast News) - Renishaw revealed on Friday that chief executive William Lee had acquired 900 ordinary shares in the FTSE 250-listed engineering company.

Lee, who took over as chief executive officer in February 2018, purchased the shares on Thursday at an average price of 3,327p each, for a total value of £29,943.

Back in January, Renishaw warned that full-year profit was set to fall as it posted a drop in interim profit and revenue amid "challenging" trading conditions.

In the six months to 31 December, revenue declined 13% to £259.4m while adjusted pre-tax profit slumped to £14.3m from £59.6m in the same period a year ago. Renishaw pointed to a challenging backdrop due to the global macroeconomic environment and ongoing uncertainty caused by the trade war between the US and China, as well as weaker demand in the machine tool sector.

As of 1500 GMT, Renishaw shares were down 4.94% at 3,168.77p.

Top Director Buys

Barclays (BARC)
Director name: Higgins,Nigel
Amount purchased: 250,000 @ 138.47p
Value: £346,174.99

Proactis Holdings (PHD)
Director name: Aubrey,Alan John
Amount purchased: 147,055 @ 34.00p
Value: £49,998.70

Barclays (BARC)
Director name: Ashley,Michael
Amount purchased: 36,685 @ 136.29p
Value: £49,997.99

Capita (CPI)
Director name: Lewis,Jonathan (Jon)
Amount purchased: 50,000 @ 77.10p
Value: £38,550.00

John Laing Group (JLG)
Director name: Abt ,Andrea
Amount purchased: 10,000 @ 350.00p
Value: £35,000.00

Renishaw (RSW)
Director name: Lee,William
Amount purchased: 900 @ 3,327.00p
Value: £29,943.00

Admiral Group (ADM)
Director name: Court ,Annette
Amount purchased: 1,210 @ 2,187.00p
Value: £26,462.70

Ten Lifestyle Group (TENG)
Director name: Cheatle,Alex
Amount purchased: 25,755 @ 78.00p
Value: £20,088.90

John Laing Group (JLG)
Director name: Hiscock,Nicholas Toby
Amount purchased: 5,476 @ 363.13p
Value: £19,885.00

Devro (DVO)
Director name: Helbing,Rutger
Amount purchased: 10,000 @ 165.50p
Value: £16,550.00

Fidelity Special Values (FSV)
Director name: Foster,Nigel
Amount purchased: 5,000 @ 224.57p
Value: £11,228.57

Proactis Holdings (PHD)
Director name: Sykes,Timothy J
Amount purchased: 25,000 @ 34.00p
Value: £8,500.00

Proactis Holdings (PHD)
Director name: Hughes,Richard
Amount purchased: 15,000 @ 34.00p
Value: £5,100.00

Proactis Holdings (PHD)
Director name: McDonough,Sean A
Amount purchased: 15,000 @ 34.00p
Value: £5,100.00

Rolls-royce Holdings (RR.)
Director name: Davis ,Ian
Amount purchased: 345 @ 573.00p
Value: £1,976.85

Rolls-royce Holdings (RR.)
Director name: Yang,Lee Hsien
Amount purchased: 172 @ 573.00p
Value: £985.56

Gooch & Housego (GHH)
Director name: Bullard,Gary
Amount purchased: 25 @ 1,207.00p
Value: £301.75

Gooch & Housego (GHH)
Director name: Bullard,Gary
Amount purchased: 17 @ 1,230.00p
Value: £209.10

British American Tobacco (BATS)
Director name: Marroco,Tadeu
Amount purchased: 5 @ 3,183.00p
Value: £159.15

Close Brothers Group (CBG)
Director name: Prebensen,Preben
Amount purchased: 12 @ 1,279.00p
Value: £153.48



Top Director Sells

Capita (CPI)
Director name: Butcher,Patrick
Amount sold: 47,525 @ 104.30p
Value: £49,568.57

John Laing Group (JLG)
Director name: Hiscock,Nicholas Toby
Amount sold: 5,516 @ 362.60p
Value: £20,001.02

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE