Director dealings: Reach CEO ups stake

(Sharecast News) - Reach revealed on Wednesday that chief executive Jim Mullen had acquired 100,000 ordinary shares in the media firm.
Mullen, who took over as CEO at Reach back in August, acquired the shares on Tuesday at an average price of 100.0p each, for a total value of £100,000.

Reach provided an update on trading from 1 July to date on Friday, which it said had been "steady". Like-for-like revenue was down 4.4%, but this was an improvement on the 6.6% decline seen in the same period last year.

Revenue from the print division fell 7.3% but digital revenues grew 14%. This is versus an 8.2% fall and a 9.3% increase, respectively, last year.

As of 1645 GMT, Reach shares were 2.55% at 104.60p.

Top Director Buys

Ferguson (FERG)
Director name: Murphy,Kevin
Amount purchased: 2,140 @ $86.66
Value: $146,477.01

Reach (RCH)
Director name: Mullen,Jim
Amount purchased: 100,000 @ 100.00p
Value: £100,000.00

Ten Lifestyle Group (TENG)
Director name: Donald ,Alan
Amount purchased: 25,000 @ 119.00p
Value: £29,750.00

Oxford Metrics (OMG)
Director name: Parry,Roger
Amount purchased: 28,249 @ 88.50p
Value: £25,000.36

Redrow (RDW)
Director name: Tutte,John F
Amount purchased: 28,249 @ 88.50p
Value: £25,000.36

Beazley (BEZ)
Director name: Lake,Sally
Amount purchased: 1,888 @ 534.17p
Value: £10,085.13

Helical (HLCL)
Director name: Murphy,Tim
Amount purchased: 327 @ 413.50p
Value: £1,352.15

Helical (HLCL)
Director name: Kaye,Gerald A
Amount purchased: 327 @ 413.50p
Value: £1,352.15

Helical (HLCL)
Director name: Bonning-Snook,Matthew
Amount purchased: 327 @ 413.50p
Value: £1,352.15



Top Director Sells

Britvic (BVIC)
Director name: Litherland,Simon
Amount sold: 71,595 @ 967.86p
Value: £692,937.20

Britvic (BVIC)
Director name: Barwell,Matt
Amount sold: 15,787 @ 967.86p
Value: £152,795.58

Dalata Hotel Group (DAL)
Director name: McNally,Stephen
Amount sold: 6,132 @ 5.24
Value: 28,109.25