house building scene
Fitzgerald’s move can be seen as a vote of confidence in the housebuilder / Image source: Adobe
  • Vistry CEO shows confidence with latest buy
  • Tracsis director snaps up over £33,000 shares
  • Churchill China director sells up after flat full year revenues

VISTRY CEO BUYS OVER 23,000 SHARES

Greg Fitzgerald, CEO of UK housebuilder Vistry (VTY) has bought 23,172 shares at £11.80 for a total value of £273,545.46 on 29 April.

Fitzgerald’s move can be seen as a vote of confidence in the housebuilder after it recently announced a £100 million share buy-back programme to replace the dividend it scrapped last Autumn.

Over the past year, Vistry shares have performed very well gaining 51% to sit at the £12,04 mark.

TRACSIS DIRECTOR BUYS OVER £33,000 SHARES

Ross Paterson, non-executive director of transport technology company Tracsis (TRCS: AIM) and his wife have bought 4,841 shares at 872.1p for a total value of £41,983 on 30 April.

The company recently reported a 6.7% fall in revenue to £36.6 million for the six months ending 31 January 2024, however it did say this financial performance was ‘in line with expectations.’

Tracsis, however declared an interim dividend of 1.1p per share, marking a 10% increase from the previous period.

Year-to-date the shares are down nearly 10% to 870p.

CHURCHILL CHINA DIRECTOR SELLS 70,00 SHARES

Mrs L Roper, wife of James Roper, who is sales, and marketing director of British pottery manufacturer Churchill China (CHH: AIM) has sold 70,000 shares at £11.13 for a total value of £778,750 on 30 April.

Following the transaction Roper is beneficially interested in 924,035 ordinary shares representing 8.4% of the total voting rights of the company.

The company recently reported a disappointing set of full year results with broadly flat revenues for the year ending 31 December due to a ‘challenging environment.

However, the company increased its final dividend by 19% to 25p per share compared with 21p in the same year ago period.

Year-to-date the shares have fallen by 15%.

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Issue Date: 03 May 2024