Director dealings: New Volex chairman raises stake

(Sharecast News) - Volex revealed on Monday that chairman Dave Webster had acquired 39,321 ordinary shares in the AIM-listed power products manufacturer.

Webster, who took over as chairman in November, purchased the shares at an average price of 407.16p each, for a total value of £160,099.38.

Following the transaction, Webster holds a beneficial interest in 152,417 ordinary Volex shares, representing approximately 0.08% of the company's issued share capital.

As of 1540 GMT, Volex shares were down 1.12% at 399p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

First Tin (1SN)

Director name: Smith,Brett

Amount purchased: 27,142,856 @ 7.00p

Value: £1,899,999.93

First Tin (1SN)

Director name: Brookes,Charles Cannon

Amount purchased: 4,289,286 @ 7.00p

Value: £300,250.02

Volex (VLX)

Director name: Webster,Dave

Amount purchased: 39,321 @ 407.16p

Value: £160,099.38

The Magnum Ice Cream Company N.v. (di) (MICC)

Director name: Boxmeer,Jean-François Van

Amount purchased: 7,800 @ 13.53

Value: 95,086.22

Hunting (HTG)

Director name: Brightman,Stuart

Amount purchased: 20,000 @ 387.66p

Value: £77,532.00

Future (FUTR)

Director name: Ying,Kevin Li

Amount purchased: 9,029 @ 550.86p

Value: £49,737.15

Future (FUTR)

Director name: Brooker,Mark

Amount purchased: 7,201 @ 552.63p

Value: £39,794.89

First Tin (1SN)

Director name: Scotting,Bill

Amount purchased: 428,571 @ 7.00p

Value: £29,999.97

Future (FUTR)

Director name: Suleman,Sharjeel

Amount purchased: 4,557 @ 545.85p

Value: £24,874.38

Future (FUTR)

Director name: Suleman,Sharjeel

Amount purchased: 4,557 @ 545.85p

Value: £24,874.38

Lindsell Train Investment Trust (LTI)

Director name: Lindsell,Michael

Amount purchased: 3,500 @ 682.00p

Value: £23,870.00

Future (FUTR)

Director name: Amdur,Meredith

Amount purchased: 1,185 @ 549.00p

Value: £6,505.65

Top Director Sells

Mitchells & Butlers (MAB)

Director name: Urban,Phil

Amount sold: 57,217 @ 256.39p

Value: £146,700.49

Mitchells & Butlers (MAB)

Director name: Jones,Timothy (Tim) Charles

Amount sold: 47,849 @ 256.39p

Value: £122,681.58

Volex