Director dealings: Talktalk CEO makes share purchase

Talktalk revealed on Tuesday that chief executive Tristia Harrison had acquired 223,045 ordinary shares in the FTSE 250-listed telecommunications firm.

Harrison, who joined Talktalk back in 2010, purchased the shares at an average price of 89.0p, for a total value of £198.510.05.

Last week, TalkTalk pulled guidance and set aside £15m for bad debts in 2021 in response to the coronavirus crisis but kept its dividend and reported a rise in core earnings on the back of higher fibre internet takeup.

TalkTalk reported a 9.7% rise in earnings before interest, tax, depreciation and amortisation to £260m on the back of a 1.9% fall in revenue to £1.51bn. TalkTalk maintained a final dividend of 1.5p a share.

As of 1630 BST, Talktalk shares were up 2.58% at 89.30p.

Top Director Buys

Talktalk Telecom Group (TALK)
Director name: Harrison,Tristia
Amount purchased: 223,045 @ 89.00p
Value: £198,510.05

Bt Group (BT.A)
Director name: Nair,Leena
Amount purchased: 50,000 @ 113.00p
Value: £56,500.00

Bae Systems (BA.)
Director name: Greve,Brad
Amount purchased: 30 @ 504.30p
Value: £151.29

Nucleus Financial Group (NUC)
Director name: Ferguson,David Ritchie
Amount purchased: 97 @ 154.00p
Value: £149.38

Superdry (SDRY)
Director name: Gresham ,Nicholas
Amount purchased: 102 @ 146.00p
Value: £148.92

Bae Systems (BA.)
Director name: Woodburn,Charles
Amount purchased: 29 @ 504.30p
Value: £146.25

Royal Mail (RMG)
Director name: Simpson,Stuart
Amount purchased: 57 @ 174.44p
Value: £99.43

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