- Arbuthnot chairman snaps up 116,000 shares
- Johnson Matthey CEO buys 10,000 shares
- Halma director sells 50,000 shares
Henry Angest, chairman and chief executive of banking group Arbuthnot (ARBB:AIM), bought 116,000 shares at 900p for a total value of £1.04 million on 25 November.
Angest now holds 9,392,185 ordinary shares representing 58.03% of the company’s voting rights.
The banking group recently reported solid third-quarter growth with customer deposits rising from £3.8 billion up from £3.5 billion a year earlier.
Angest also holds 86,674 ordinary non-voting shares representing 64.88% of the total in issue excluding shares held in Treasury.
Funds under management and administration exceeded £2 billion for the first time with growth of 18% in the first nine months of 2024.
JOHNSON MATTHEY CHIEF EXEC BUYS SHARES
Liam Condon, chief executive of chemicals group Johnson Matthey (JMAT), bought 10,000 shares at £13.42 for a total value of £134,200 on 28 November.
Condon took over at the FTSE 250 firm in March 2022, and the purchase comes after the company reported a 14% fall in revenues to £5.6 billion due to a ‘challenging’ macroeconomic backdrop for the six months ending 30 September on 27 November.
The company gave an update on its £250 million share buyback programme with £205 million completed at of 22 November.
Year-to-date Johnson Matthey shares are down 16%.
HALMA DIRECTOR SELLS 50,000 SHARES
Jennifer Ward, group talent and communications director of technology-enabled health, safety and environmental solutions company Halma (HLMA), sold 50,000 shares at £26.47 for a total value of £1,323,989.31 on 21 November.
Ward’s move comes after the FTSE 100 reported record revenue and profits for the first half of the year and confirmed full year guidance.
Over the past year Halma shares have gained 27% and has been one of the best performing shares on the UK market delivering a 1,100-fold increase since 1988, according to previous research by Shares.
