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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Watkin Jones chairman raises stake

(Sharecast News) - Watkin Jones revealed on Monday that chairman Alan Giddins had acquired 148,000 ordinary shares in the AIM-listed residential property management firm. Giddins, who was appointed to the board of Watkin Jones in July 2021, purchased the shares on Friday at an average price of 26.63p each, for a total value of £39,412.40.

Following the transaction, Giddins now holds a beneficial interest in 1.02m ordinary Watkin Jones shares, representing approximately 0.4% of the company's issued share capital.

As of 1630 GMT, Watkin Jones shares were up 8.90% at 31.80p.

Reporting by Iain Gilbert at Sharecast.com

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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