Kevin Havelock, non-executive director of posh tonics maker Fevertree (FEVR:AIM) has taken advantage of the recent dip in the share price to buy 10,243 at £12.69 for the total value of £129,984 on 14 September.

Earlier on in the week Fevertree reported disappointing first-half results with a 54% fall in its adjusted core profit to £10.2 million while sales were up 9% for the six months ending 30 June.

The company also trimmed its annual forecast due to spiralling costs and shortages of glass bottles in the UK.

UNITED UTILITIES CEO SELLS UP AS PART OF SHARE PLAN

Louise Beardmore, CEO of United Utilities (UU.) has sold 8,009 shares at 963p for the total value of £76,924 on 12 September.

The sale forms part of an ongoing long-term share award scheme for employees of United Utilities  granted on 30 November 2020.

Beardmore has sold the shares to cover ‘income tax and national insurance liabilities.’

United Utilities shares have put in a solid performance over the past month up over 5% to 985p.

SAFESTORE DIRECTOR TOPS UP ON SIPP

Ian Krieger, non-executive director of the FTSE 250 storage provider Safestore Holdings (SAFE) has bought 12,280 shares at 809p for the total value of £99,321 on 11 September.

In the statement, the purchased of shares was made by Krieger’s self-invested pension plan (SIPP).

Year-to-date Safestore’s shares have fallen 17% to the 801p mark.

The company recently reported an upbeat third quarter trading update on 7 September reporting a 2.9% increase in group revenue of £56.5 million compared with £54.7 million in the same year ago period.

Safestore also announced the opening of three new sites in Watford and Eastleigh in the UK and Pamplona in Spain adding 132,000 sq ft of the maximum lettable area (MLA) to the pipeline.

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