Director dealings: Cranswick chairman's spouse lowers stake
Linda Davey, Cranswick chairman Martin Davey's wife, offloaded 15,000 ordinary shares in the FTSE 250 firm on Tuesday.
Cranswick
4,100.00p
16:20 19/04/24
Food Producers & Processors
7,601.66
16:19 19/04/24
FTSE 250
19,393.10
16:20 19/04/24
FTSE 350
4,341.80
16:20 19/04/24
FTSE All-Share
4,297.25
16:20 19/04/24
Linda, spouse of the man who joined the food producer back in 1985 and led its entry into the Stock Exchange, disposed of the shares at an average price of 3,340p for a total value of £501,000.02.
Back in July, Cranswick had updated the market on its trading for the three months to 30 June, reporting that trading in the first quarter of the financial year had been 'in-line' with its expectations.
The FTSE 250 company said revenue in the three-month period had been 3.2% ahead of that recorded over the same time frame last year, with positive contributions from all of its product categories.
Total export revenues were also modestly ahead from those one year ago.
"The UK pig price increased slightly during the period in line with the normal seasonal cycle, albeit the average price was lower than during the same period last year with the fall reflected in lower selling prices," the board said in its statement.
As of 1635 BST, Cranswick shares had dipped 1.37% to 3,243p.
Top Director Buys
Tiziana Life Sciences (TILS)
Director name: Shailubhai,Kunwar
Amount purchased: 5,000 @ 101.00p
Value: £5,050.00
Tiziana Life Sciences (TILS)
Director name: Lazzaretti,Tiziano
Amount purchased: 2,000 @ 80.00p
Value: £1,600.00
Kier Group (KIE)
Director name: Dew ,Bev
Amount purchased: 17 @ 912.00p
Value: £155.04
Kier Group (KIE)
Director name: Veritiero,Claudio
Amount purchased: 16 @ 912.00p
Value: £145.92
Kier Group (KIE)
Director name: Mursell,Haydn
Amount purchased: 14 @ 912.00p
Value: £127.68
On The Beach Group (OTB)
Director name: Vickerstaff,Kirsteen
Amount purchased: 21 @ 466.50p
Value: £97.96
Top Director Sells
Cranswick (CWK)
Director name: Davey,Martin T P
Amount sold: 15,000 @ 3,340.00p
Value: £501,000.02