Director dealings: Vislink sees orders rise thanks to overseas markets

TECHNOLOGY group Vislink recently announced a healthy growth in orders for the last quarter.

The technology business, which specialises in communications products and services for markets including broadcasting, law enforcement and public safety, said orders received during the period rose to £14.4 million from £13m.

Total orders in the year to date are now £39.5m, with increased demand seen particularly in the Middle East and South America markets. The group also said it was on track with its restructuring, cost reductions and margin improvement plans.

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Last week, non-executive director Andrew Sleigh purchased 250,000 shares at an average price of 19p each, his first transaction in the firm.

• Malcolm Berryman, a non-executive director of pawnbroker H&T Group, has bought his maiden stake with the purchase of 2,000 shares at 317p each.

• Mark Dampier, a director at stockbroking firm Hargreaves Lansdown, has sold 12,650 shares at 502p each to reduce his stake to 914,187 shares.

• Neil McConachie, president of insurance broker Lancashire Holdings, has sold 330,000 shares at prices between 750p and 772p each. He still retains a stake of 189,649 shares.

• More boardroom members at Premier Foods have upped their stake in the manufacturer, which has seen a heavy fall in its share price following a profits warning.

Bob Spooner, group operations director bought 300,000 shares, change director Mark Vickery bought 82,947 and head of bakery operations Iwan Williams bought 1.16 million. They paid between 4p and 6p for the shares.

Last week the group agreed to defer the company’s end-of-year loan covenant tests by three months as part of wider discussions over the long-term refinancing of the group.

• The chairman of Tesco Bank, Andrew Higginson, has sold more than £1.4m worth of shares as he prepares to leave the firm next year.

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Higginson sold 350,000 shares at 403.43p each in the retailer, although he retains more than 1.34 million shares.

• Francisco Soler, non-executive chairman of infection control products firm Tristel, has bought 50,000 shares at 39.6p each. It takes his family holding to more than 19 per cent.

• Jim Marshall, president of North American markets for educational whiteboard group Promethean World, has bought 100,000 shares at around 54p each.

• Directors at Glasgow-based packaging firm Macfarlane Group have upped their holdings. The buyers included chief executive Peter Atkinson, who increased his family’s stake with the purchase of 43,300 shares at 19.1p.