15 January 2019 – director dealing

As part of his plan to retire, David Grimes, the managing director of the group’s Global Laser Marking Division, has sold 3.15m shares in the company at 14p.  These shares have been placed with certain new and existing shareholders including non-executive director Stephen Fiamma who acquired 300,000 shares at the same price.  Following these transactions Mr Grimes holds 4.35m shares and Mr Fiamma holds 400,000 shares.  We continue to recommend the shares as a BUY.