Director dealings: Audioboom board members buy into price rise, Volex chair takes bonus

(Sharecast News) - Podcast producer and distributor Audioboom was among those on the list of director buys on Wednesday, after it made two disclosures. In the first, it said its chief executive officer Stuart Last picked up 5,281 of its shares at a price of 189.12p each.

"Following this purchase, Stuart Last holds 40,153 ordinary shares in the company, representing approximately 0.25% of the company's issued share capital," it confirmed in its statement.

Additionally, it said its non-executive chairman Michael Tobin had bought 5,128 shares, paying 185p for each of them.

"Following this purchase, Michael Tobin holds 764,563 ordinary shares in the company, representing approximately 4.7% of the company's issued share capital," it added.

Elsewhere, Volex confirmed that its executive chairman had increased his stake in the company by taking his annual bonus payment in the form of shares.

It said Nat Rothschild was awarded 118,069 shares, previously held by the firm's employee benefit trust, which were issued at a price of 289.5p each.

"Following the above transaction, Nat Rothschild is interested in 44,859,906 ordinary shares - save for unvested or unexercised awards - representing approximately 24.79% of the company's issued share capital," Volex said.

At 1622 BST, shares in Audioboom Group were up 10% at 209p, while those in Volex were 3.04% firmer at 288.5p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Volex (VLX) Director name: Rothschild,Nathaniel Amount purchased: 118,069 @ 289.50p Value: �341,809.75

Alliance Pharma (APH) Director name: Franklin ,Andrew Amount purchased: 50,988 @ 49.00p Value: �24,986.67

Alliance Pharma (APH) Director name: Jones,Richard Amount purchased: 53,000 @ 47.10p Value: �24,963.00

Hicl Infrastructure (HICL) Director name: Akushie,Rita Amount purchased: 10,000 @ 130.34p Value: �13,033.76

Mirriad Advertising (MIRI) Director name: Pearson,John Amount purchased: 1,000,000 @ 1.25p Value: �12,500.00

Hicl Infrastructure (HICL) Director name: Pugh,Martin Amount purchased: 8,000 @ 129.47p Value: �10,357.36

Audioboom Group (BOOM) Director name: Last,Stuart Amount purchased: 5,281 @ 189.12p Value: �9,987.43

Audioboom Group (BOOM) Director name: Tobin,Michael Amount purchased: 5,128 @ 185.00p Value: �9,486.80

Pz Cussons (PZC) Director name: Myers,Jonathan Amount purchased: 92 @ 163.40p Value: �150.33

Pz Cussons (PZC) Director name: Pollard,Sarah Amount purchased: 91 @ 163.40p Value: �148.69

Britvic (BVIC) Director name: Litherland,Simon Amount purchased: 17 @ 872.85p Value: �148.38