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Devro (DVO)

Share Price:
186.80p
Change Today:
0.000p
Market Cap:
311.86m

Director dealings: Devro's HR director makes share sale

11 Apr 19

LONDON (ShareCast) - (Sharecast News) - Devro's human resources director Sarah Voaden offloaded 7,261 ordinary shares in the sausage casings manufacturer on Thursday.
Voaden, who joined Devro back in 2014, sold the shares at an average price of 184p each, for a total value of 13,360.24.

The London-listed group's HR boss had exercised nil-priced options over the 7,261 shares as part of Devro's 2009 deferred share bonus plan on Tuesday.

Analysts at Peel Hunt reiterated their 'buy' rating on Devro's stocks last month after the firm held a "well-attended" capital markets day that reassured investors on its "cautious and sensible" strategy.

"The CMD was light on detail but reiterated that market growth should be 2-4% pa (albeit top end is driven by China where Devro is weaker). Cost savings of 16m (4-5m in current year) as previously guided. Move to global supply chain is delivering both savings and greater capacity."

As of 1630 BST, Devro shares had inched ahead 0.33% to 182.60p.

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Market Data

Currency UK Pounds
Price 186.80p
Change Today 0.000p
52 Week High 221.50p
52 Week Low 155.60p
Volume 45,216
Shares Issued 166.95m
Market Cap 311.86m

Dividends

  Latest Previous
  Interim Final
Ex-Div 22-Aug-19 28-Mar-19
Paid 04-Oct-19 10-May-19
Amount 2.70p 6.30p