Trustpilot rating on the side of a van in Hampshire UK
Thorne’s purchase comes after the FTSE 250 company reported a strong set of full year results in March / Image source: Adobe
  • Trustpilot director buys 78,000 shares
  • Associated British Foods director buys 2,930 shares
  • Petra Diamonds director buys 65,000 shares

A person closely associated with chair of the board and non-executive director Zillah Byng-Thorne at global reviews platform Trustpilot (TRST), Max Thorne has bought 78,800 shares at 217p for a total value of £170,996 on 21 May.

Thorne’s purchase comes after the FTSE 250 company reported a strong set of full year results in March which saw revenue gain 18% to $176 million compared to $149 million in the same year ago period.

Over the past year Trustpilot shares have gained 161% to sit at the 224p mark.

ASSOCIATED BRITISH FOODS DIRECTOR BUYS 2,930 SHARES

Kumsal Bayazit Besson, non-executive director of grocery-to-retail conglomerate Associated British Foods (ABF) has bought 2,930 shares at £27.28 for a total value of £79.930 on 22 May.

Besson moves comes after the Primark owner delivered consensus beating first half results and a 46% increase in interim dividend a month ago.

The director may be capitalising on the good news and the fact that the shares have jumped back to near pre-pandemic peak levels.

Year-to-date the group’s shares are up 14%.

PETRA DIAMONDS DIRECTOR BUYS 65,000 SHARES

Jose Vargas, non-executive director at diamond producer, Petra Diamonds (PDL) has bought 1,500,000 shares at 40p for a total value of £600,000 on 20 May.

As a result of these trades, Vargas now holds 17,000,000 shares representing approximately 8.75% of the company's issued share capital.

The move by Vargas comes after the company reported a mixed set of results after a varied performance in its rough diamond sales.

The London-listed company sold 371,104 carats in tender six - a 2% increase from the 362,132 carats sold in tender five.

Year-to-date the shares have fallen over 34%.

 

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Issue Date: 24 May 2024