Director dealings: Spirax Sarco CFO makes share sale.


Spirax-Sarco Engineering revealed on Wednesday that chief financial officer Nimesh Patel had offloaded 1,812 ordinary shares in the FTSE 100-listed manufacturer.

Source: Sharecast

Patel, who joined Spirax-Sarco in 2020, sold the shares on Tuesday at an average price of 11,070.0p each, for a total value of £200,588.39.

The sale comes as Patel exercised nil cost options over 3,835 shares in the firm, with the disposal being used to cover his tax and national insurance liabilities.

As od 1610 GMT, Spirax-Sarco shares were down 1.96% at 11,005.0p.

Reporting by Iain Gilbert at Sharecast.com

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Director name: Hocking,Bill
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Spirax-sarco Engineering (SPX)
Director name: Patel,Nimesh
Amount sold: 1,812 @ 11,070.00p
Value: £200,588.39

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Director name: Fraser,Richard
Amount sold: 25,000 @ 68.00p
Value: £17,000.00


ISIN: GB00BWFGQN14
Exchange: London Stock Exchange
Sell:
6,035.00 p
Buy:
6,040.00 p
Change: 120.00 ( 2.03 %)
Date:
Prices delayed by at least 15 minutes

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