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(Sharecast News) - Two of the director deals disclosed on Friday involved supermarket giant Tesco.
Tesco chief executive Ken Murphy purchased 11,961 shares at 418p each, giving a total purchase price of just under 50,000.
Chief financial officer Imran Nawaz made the exact same purchase. Both purchases took place on Friday.
News of the purchases came after Tesco said on Thursday that it expects full-year earnings to be at the top end of forecasts despite a slowdown in underlying sales growth over the key Christmas selling season.
Group like-for-like sales were up 2.4% over the six weeks to 3 January, easing from the 3.1% growth seen over the third quarter to 22 November and the 4.6% jump registered in the second quarter.
Underlying sales growth across the UK slowed to 3.2% over Christmas from 3.9% over the third quarter, though the company still managed to increased its market share over the festive week to 29.4% - its highest in over a decade.
The grocer said fresh food had a "standout performance" in the UK during the third quarter, with LFL sales up 6.6% due to its investments in value and quality, while home and clothing sales rose 2.1% and online sales rose 11.2%.
Elsewhere, Michael Ziff, non-executive director at Town Centre Securities, sold 25,000 shares at 124p each, giving a total sale price of 31,000. The sale took place on Thursday.
Top Director Buys
Tesco (TSCO)
Director name: Nawaz,Imran
Amount purchased: 11,961 @ 418.00p
Value: 49,996.98
Tesco (TSCO)
Director name: Murphy,Ken
Amount purchased: 11,961 @ 418.00p
Value: 49,996.98
Trifast (TRI)
Director name: Mills,Nicholas
Amount purchased: 20,000 @ 70.00p
Value: 14,000.00
Top Director Sells
Town Centre Securities (TOWN)
Director name: Ziff,Michael
Amount sold: 25,000 @ 124.00p
Value: 31,000.00