Director dealings: UP Global Sourcing directors make big purchases

(Sharecast News) - UP Global Sourcing was in the red on Monday, after two of its directors made some big share purchases.

The company, which trades as Ultimate Products, said non-executive director Robbie Bell bought 100,000 shares on 1 September.

Bell paid 119.7p for each share, valuing the transaction at £119,700.

At the same time, chairman James McCarthy purchased 65,000 shares for 119.7p apiece, spending a total of £77,805.

Following the purchase, UP said McCarthy had a beneficial interest in 1,000,000 of its shares, representing 1.1% of its issued share capital, while Bell's total interest stood at 502,144 shares, or 0.6% of its issued capital.

At 1148 BST, shares in UP Global Sourcing Holdings were down 4.68% at 112p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Up Global Sourcing Holdings (UPGS)

Director name: Bell,Robbie

Amount purchased: 100,000 @ 119.70p

Value: £119,700.00

Up Global Sourcing Holdings (UPGS)

Director name: McCarthy,James

Amount purchased: 65,000 @ 119.70p

Value: £77,805.00

Genuit Group (GEN)

Director name: Vorih,Joe

Amount purchased: 7,500 @ 335.08p

Value: £25,130.83

Top Director Sells

Harbour Energy (HBR)

Director name: Thomas,Blair

Amount sold: 591,131 @ 470.53p

Value: £2,781,448.61

Harbour Energy (HBR)

Director name: Thomas,Blair

Amount sold: 273,507 @ 471.91p

Value: £1,290,706.88

Harbour Energy (HBR)

Director name: Thomas,Blair

Amount sold: 235,000 @ 476.18p

Value: £1,119,022.96