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Directors dealings: Close Brothers Group non-exec picks up some shares

Fri 22 March 2024 14:57 | A A A

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(Sharecast News) - Sally Williams, a non-executive director at Close Brothers Group, picked up some shares in the UK merchant banking group.

According to Close Brothers, on 22 March the director bought 1,062 shares at roughly. 412.12p each, for a total transaction amount of £4,376.58

Three days before the firm had unveiled a panoply of measures meant to bolster its capital position amid an ongoing review by the Financial Conduct Authority into motor finance.

All told, those measures were expected to boost its CET1 capital ratio by up to £400m by the end of 2025.

In the wake of those measures, analysts at Berenberg lifted their target price for shares of Close Brothers Group from 425.0p to 470.0p.

"We maintain our 'buy' rating, but acknowledge risks may be too great to bear for many investors."

Top Director Buys

Dowlais Group (DWL)

Director name: Butterworth,Liam

Amount purchased: 314,899 @ 81.18p

Value: £255,625.87

Dowlais Group (DWL)

Director name: Fioroni,Roberto

Amount purchased: 167,179 @ 81.18p

Value: £135,711.06

Mj Gleeson (GLE)

Director name: Thomson,James

Amount purchased: 9,500 @ 511.00p

Value: £48,545.00

Trident Royalties (TRR)

Director name: Gourley,Albert

Amount purchased: 115,875 @ 34.00p

Value: £39,397.50

Bellevue Healthcare Trust (red) (BBH)

Director name: Dixon,Josephine

Amount purchased: 15,775 @ 146.68p

Value: £23,139.04

Bellevue Healthcare Trust (red) (BBH)

Director name: Young,Tony

Amount purchased: 12,086 @ 149.70p

Value: £18,092.74

Trident Royalties (TRR)

Director name: Hughes,Richard John

Amount purchased: 50,000 @ 34.20p

Value: £17,100.00

Kenmare Resources (cdi) (KMR)

Director name: Fonseca,Clever

Amount purchased: 4,200 @ 3.54

Value: 13,394.59

Bellevue Healthcare Trust (red) (BBH)

Director name: Southgate,Paul

Amount purchased: 5,933 @ 146.68p

Value: £8,702.46

European Assets Trust (EAT)

Director name: Troup,Kevin

Amount purchased: 10,000 @ 86.91p

Value: £8,691.00

Bellevue Healthcare Trust (red) (BBH)

Director name: Bolsover,Kate

Amount purchased: 5,892 @ 147.40p

Value: £8,684.81

Trustpilot Group (TRST)

Director name: Davenport,Claire

Amount purchased: 2,642 @ 187.99p

Value: £4,966.74

Close Brothers Group (CBG)

Director name: Williams ,Sally

Amount purchased: 1,062 @ 412.11p

Value: £4,376.58

Top Director Sells

Mercia Asset Management (MERC)

Director name: Chamberlain,Raymond Kenneth

Amount sold: 1,563,813 @ 32.50p

Value: £508,239.21

Trustpilot Group (TRST)

Director name: Damm,Hanno

Amount sold: 140,234 @ 210.05p

Value: £294,556.18

Marshalls (MSLH)

Director name: Bourne,Simon

Amount sold: 6,580 @ 280.00p

Value: £18,424.00

Bellevue Healthcare Trust (red) (BBH)

Director name: Young,Tony

Amount sold: 12,156 @ 149.70p

Value: £18,197.53

Bellevue Healthcare Trust (red) (BBH)

Director name: Dixon,Josephine

Amount sold: 12,089 @ 146.38p

Value: £17,695.37

Bellevue Healthcare Trust (red) (BBH)

Director name: Bolsover,Kate

Amount sold: 5,933 @ 147.40p

Value: £8,745.24

Bellevue Healthcare Trust (red) (BBH)

Director name: Southgate,Paul

Amount sold: 5,933 @ 146.45p

Value: £8,688.84

Bellevue Healthcare Trust (red) (BBH)

Director name: Dixon,Josephine

Amount sold: 3,686 @ 146.38p

Value: £5,395.38

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