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18 Jun, 2021 16:17 18 Jun, 2021 16:17

Director dealings: Safestyle CEO offloads shares

London Stock Exchange, markets, traders, trading, City, shares

Safestyle revealed on Friday that chief executive Michael Gallacher had disposed of 258,500 ordinary shares in the AIM-listed windows and doors manufacturer.

Gallacher, who exercised nil-cost restricted options over 550,000 shares granted under Safestyle's performance share plan, sold the shares to cover tax liabilities at an average price of 60.0p each, for a total value of £155,100.01.

Back in March, Safestyle said pre-tax losses had widened in the twelve months ended 3 January but the group stated that it was on track for a solid recovery in 2021.

Safestyle posted a pre-tax loss of £6.2m, a significant widening when compared to the £3.8m loss recorded in 2019, while revenue was down 10% year-on-year at £113.2m as the group was forced to close operations following the outbreak of the Covid-19 pandemic.

As of 1615 BST, Safestyle shares were down 1.64% at 60.0p.

Top Director Buys

Motorpoint Group (MOTR)
Director name: Mansfield,Keith
Amount purchased: 16,300 @ 303.00p
Value: £49,389.00

Diaceutics (DXRX)
Director name: Davis,Deborah
Amount purchased: 20,000 @ 130.00p
Value: £26,000.00

Diaceutics (DXRX)
Director name: Davis,Deborah
Amount purchased: 7,000 @ 128.00p
Value: £8,960.00

Pittards (PTD)
Director name: Hankey,Reg H
Amount purchased: 12,000 @ 53.00p
Value: £6,360.00

Coca-cola Hbc Ag (cdi) (CCH)
Director name: Bogdanovic,Zoran
Amount purchased: 153 @ 2,662.71p
Value: £4,078.87

Fireangel Safety Technology Group (FA.)
Director name: Conoley,John
Amount purchased: 15,000 @ 19.35p
Value: £2,902.50

Nucleus Financial Group (NUC)
Director name: Ferguson,David Ritchie
Amount purchased: 78 @ 190.90p
Value: £148.90

Petrotal Corporation Npv (di) (PTAL)
Director name: Wilson,Gavin
Amount purchased: 65,000 @ 0.15p
Value: £97.17

Top Director Sells

Safestyle Uk (SFE)
Director name: Gallacher,Michael
Amount sold: 258,500 @ 60.00p
Value: £155,100.01

Barclays (BARC)
Director name: Staley,James E
Amount sold: 83,211 @ 178.90p
Value: £148,864.48

Barclays (BARC)
Director name: Staley,James E
Amount sold: 77,172 @ 178.90p
Value: £138,060.71

Barclays (BARC)
Director name: Morzaria,Tushar
Amount sold: 59,949 @ 178.90p
Value: £107,248.76

Barclays (BARC)
Director name: Morzaria,Tushar
Amount sold: 58,671 @ 178.90p
Value: £104,962.42

Safestyle Uk (SFE)
Director name: Neale,Robert
Amount sold: 123,375 @ 60.00p
Value: £74,025.00


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Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.