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DIRECTOR DEALINGS: Sweett Group Directors Buy 232,000 Shares

27th Apr 2015 08:44

LONDON (Alliance News) - Sweett Group PLC Monday said a group of directors, including Chief Executive Officer Douglas McCormick, bought a total of 232,000 shares on Thursday and Friday.

Details are as follows.

 

 

 

Beneficial holding as a result of the purchase

Name

Number of Shares Purchased

Purchase price

Number of Shares

%

Mr J Dodds, Non-Executive Chairman

100,000

24.05p

150,000

0.22

Mr D McCormick, Chief Executive Officer

20,500

24p

20,500

0.03

Mr P Sinclair, Chief Financial Officer

20,500

24p

72,943

0.11

Mr K Berry, Executive Director

20,500

24p

4,535,785

6.60

Mr D Wilton, Non-Executive Director

20,500

24p

65,834

0.10

Mr A Lovell, Non-Executive Director

50,000

24p

100,000

0.15


Sweett Group had Thursday said trading in the recently-ended financial year was in line with its expectations, but it has decided to sell its Asian business after a strategic review, and it will also book a charge of about GBP1.6 million in its accounts related to a probe by the UK's Serious Fraud Office.

Shares in the construction and property consultancy were up 3.9% at 24.94 pence Monday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


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