As another year begins, a number of directors have wasted no time in buying or selling their company’s shares.

The biggest deal so far in 2021 comes from Harry Hyman, the chief executive of FTSE 250 healthcare facilities investor Primary Health Properties (PHP).

Hyman has bought £16.5 million worth of shares in the real estate investment trust (REIT), snapping up almost 11.5 million of them at a price of 144p each.

PHP’s shares have been almost flat in the past year, but it has remained resilient despite the pressures of the pandemic having maintained its dividend and recording growth in its earnings and net asset value.

The company specialises in the rental of flexible and modern primary healthcare facilities in the UK and Ireland.

MINING BOSS BAGS £2.9 MILLION

Meanwhile the first big seller of shares this year has been Roderick McIllree, chief executive of AIM-listed mining firm Bluejay Mining (JAY:AIM).

McIllree sold 20 million shares at a price of 14p each, netting a total of £2.9 million.

It comes after a storming run for the junior miner’s shares, which have risen almost four-fold since their lows in March.

The exploration-focused company, which has projects in Finland and Greenland, reported a series of positive updates on the progression of its activities in 2020, and has found sizeable potential deposits of many commodities including copper, nickel, zinc, lead and cobalt.

OTHER DEALS

Other notable deals in the first week of 2021 include the roughly £300,000 worth of shares sold by Amanda James, group finance director at FTSE 100 clothing retailer Next (NXT). James sold 4,100 shares in total at a price of £74.23 each.

While Focusrite (TUNE:AIM) chief executive Tim Carroll has sold 20,000 shares at £10.48 each for a total of £209,600. The music and audio products company had a strong 2020 and was seen as a Covid winner with demand for its products having boomed during lockdown.

For a full list of the week’s most significant trades, click here.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.

Issue Date: 07 Jan 2021