Foxtons has revealed that several of its directors have acquired shares in the London-listed real estate group this week.

Chairman Nigel Rich led the way on Tuesday when he purchased 250,000 shares in Foxtons.

Rich, who took over as chairman in October 2021, bought the shares at an average price of 42.60p each, for a total value of £106,500.

Jack Callaway purchased 100,000 shares at 42.93p, for a a total value of £42,927.60.

Guy Gittins bought 60,000 shares at 43.90p, for a total value of £26,340.66.

Chris Hough acquired 60,000 shares at 42p, for a total value of £25,200.00.

Annette Andrews snapped up 47,242 shares at 41.05p, for a total value of £19,392.84.

Foxtons reported an 11% increase in revenue in its final results on Tuesday, up to £140.3m, with growth across all of its businesses. It said that included a 17% increase in lettings, a 1% increase in sales, and an 8% increase in financial services.

At close of play yesterday, Foxtons shares were down 0.2% at 42p.

Foxtons reports strong trading performance but identifies plenty of room for growth