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Director dealings: Hydrogen pair see value as growth returns

Wed, 16th Nov 2016 14:25

(ShareCast News) - Hydrogen Group's chairman and a fellow director have scooped up some shares in the AIM-listed recruiter, which sit not far from the seven-year lows reached in the summer.Chairman Stephen Puckett spent £120,000 at a price of 30p and non-executive Richard Green around £50,000 at the same price.Last month, chief financial officer Colin Adams gave notice he would be stepping down in March, having helped restore the group to profitable growth.September saw Hydrogen, which focuses on mid- to senior management in the legal, finance, technology, oil and gas, life sciences and power industries, report interim results that showed a stabilisation of the business and a move back into net fee income growth with the exception of the energy and legal sectors.Group revenue for the period declined by 9% to £59.4m and while NFI declined by 12% to £8.9m, it moved back into growth with a 6% NFI increase compared to the second half of 2015."We have started hiring in the areas where we have identified sustainable growth opportunities," said CEO Ian Temple."We are implementing a new vision for the business focussing resource on building market leading niche businesses. The roll out will continue into Q3 but is already generating results." Top Director BuysHydrogen Group (HYDG)Director name: Puckett,StephenAmount purchased: 400,000 @ 30.00pValue: £120,000.00Hydrogen Group (HYDG)Director name: Green,Richard AAmount purchased: 166,666 @ 30.00pValue: £49,999.80Henderson Opportunities Trust (HOT)Director name: Jones,PeterAmount purchased: 2,500 @ 790.58pValue: £19,764.50Science In Sport (SIS)Director name: Moon,StephenAmount purchased: 10,000 @ 62.00pValue: £6,200.00Town Centre Securities (TOWN)Director name: Syers ,Duncan Sinclair Amount purchased: 1,415 @ 274.95pValue: £3,890.54Mediclinic International (MDC)Director name: Meintjes,DanieAmount purchased: 2,200 @ R1.34Value: R171.82Provident Financial (PFG)Director name: Mullen,Ken Amount purchased: 6 @ 2,806.00pValue: £168.36Aviva (AV.)Director name: Amin,NitinbhaiAmount purchased: 33 @ 463.42pValue: £152.93Provident Financial (PFG)Director name: Fisher,Andrew CAmount purchased: 5 @ 2,806.00pValue: £140.30Provident Financial (PFG)Director name: Crook,PeterAmount purchased: 5 @ 2,806.00pValue: £140.30
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16 Jan 2020 14:02

Hydrogen Sees Growth Options In US After UK And Hong Kong Disappoint

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16 Jan 2020 11:51

Hydrogen Group maintains profit expectations amid trading headwinds

(Sharecast News) - Specialist recruitment company Hydrogen Group updated the market on its trading for the year ended 31 December on Thursday, reiterating that trading conditions were adversely impacted in the UK by both political uncertainty and the impact of the proposed changes to the IR35 legislation on clients' contract hiring plans.

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15 Nov 2019 14:01

Hydrogen Shares Dive On Profit Warning Amid UK, Hong Kong Uncertainty

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3 Sep 2019 12:25

Hydrogen Group shares climb following interim profit growth

(Sharecast News) - Shares in Hydrogen Group climbed on Tuesday after interim profits before tax and net fee income increased, though lower demand for contractors in the UK led to falling revenues.

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3 Sep 2019 11:12

Hydrogen Shares Surge After "Strong" Interim Profit, Dividend Growth

(Alliance News) - Shares in specialist recruitment firm Hydrogen Group PLC surged Tuesday after it hiked its interim dividend following "strong" profit growth despite challenging in were

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2 Apr 2019 11:14

Hydrogen Group Hikes 2018 Dividend On Swing Back To Profit

LONDON (Alliance News) - Recruitment firm Hydrogen Group PLC on Tuesday hiked its dividend for 2018, following a swing to profit through revenue growth and a full-year contribution from recent the

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2 Apr 2019 09:07

Hydrogen Group's profits climb following international growth

(Sharecast News) - Hydrogen Group's shares climbed on Tuesday after a jump in revenues and Net Fee Income saw the company swing to an annual profit.

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12 Mar 2019 16:56

Hydrogen Group signs extension as supplier to major bank

(Sharecast News) - Specialist recruitment company Hydrogen Group announced on Tuesday that it has signed an extension for a further five years as a supplier of 'change management staff' to an unnamed FTSE 100 retail bank.

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12 Mar 2019 12:03

Hydrogen Group Inks Deal Extension With Unnamed FTSE 100 Bank

LONDON (Alliance News) - Hydrogen Group PLC on Tuesday said it signed a five-year contract extension to act as a supplier of change management staff to an unnamed FTSE 100-listed retail supply now

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