(Sharecast News) - Safestyle revealed on Thursday that chief executive Michael Gallacher had acquired 120,240 ordinary shares in the AIM-listed replacement windows and doors retailer.
Gallacher, who took over as CEO back in May 2018, purchased the shares on Wednesday at an average price of 40.5p each, for a total value of £48,697.20.
Following the transaction, Gallacher has a beneficial interest in 320,240 ordinary Safestyle shares, representing 0.23% of the group's issued share capital.
On Wednesday, Safestyle warned that it expects to report a loss for the year ended 31 December despite returning to profit in the second half.
Safestyle expects full-year revenues to be over £113.0m, with second-half revenues up 15% year-on-year but still expects to post an underlying loss before taxation of approximately £4.7m due to the cessation of operations during the first nationwide Covid-19 lockdown.
As of 1650 GMT, Safestyle shares were up 3.69% at 40.70p.
Top Director Buys
Proton Motor Power Systems (PPS)
Director name: Gierse,Helmut
Amount purchased: 66,667 @ 105.00p
Value: £70,000.35
Safestyle Uk (SFE)
Director name: Gallacher,Michael
Amount purchased: 120,240 @ 40.50p
Value: £48,697.20
Iomart Group (IOM)
Director name: Cunningham,Scott
Amount purchased: 5,000 @ 318.00p
Value: £15,900.00
Ms International (MSI)
Director name: Bell,Michael J
Amount purchased: 4,396 @ 166.50p
Value: £7,319.34
Brewin Dolphin Holdings (BRW)
Director name: Beer,Robin
Amount purchased: 240 @ 298.65p
Value: £716.76
Croda International (CRDA)
Director name: Brophy ,Tom
Amount purchased: 3 @ 6,530.00p
Value: £195.90
Sabre Insurance Group (SBRE)
Director name: Kingan,Anneka
Amount purchased: 56 @ 268.00p
Value: £150.08
Sabre Insurance Group (SBRE)
Director name: Carter,Geoffrey Richard
Amount purchased: 56 @ 268.00p
Value: £150.08
Arden Partners (ARDN)
Director name: Clive Reed-Daunter,James (Jim)
Amount purchased: 1,282 @ 11.70p
Value: £149.99
Meggitt (MGGT)
Director name: Wood,Tony
Amount purchased: 34 @ 434.44p
Value: £147.71
Sse (SSE)
Director name: Alexander,Gregor
Amount purchased: 10 @ 1,475.96p
Value: £147.60
Oxford Instruments (OXIG)
Director name: Barkshire,Ian
Amount purchased: 7 @ 2,025.08p
Value: £141.76
Oxford Instruments (OXIG)
Director name: Hill,Gavin
Amount purchased: 7 @ 2,025.08p
Value: £141.76
Croda International (CRDA)
Director name: Foots,Steve
Amount purchased: 2 @ 6,530.00p
Value: £130.60
Croda International (CRDA)
Director name: Maiden,Jez K
Amount purchased: 2 @ 6,530.00p
Value: £130.60
Sse (SSE)
Director name: Phillips-Davies,Alistair
Amount purchased: 8 @ 1,475.96p
Value: £118.08
Sse (SSE)
Director name: Pibworth ,Martin
Amount purchased: 3 @ 1,475.96p
Value: £44.28
Top Director Sells
25 Mar 2021 09:03
Safestyle losses widen amid Covid-19 pandemic
(Sharecast News) - Double glazing firm Safestyle said on Thursday that 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.
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