Foxtons Group revealed on Friday that non-executive director Sheena Mackay had purchased 60,000 ordinary shares in the London-listed estate agent.

Mackay, who joined Foxton’s board in September 2017, acquired the shares on Wednesday at an average price of 51.30p each, for a total value of £30,780.

Back in July, Foxtons delivered its best first half results since 2016 by capitalising on improved trading conditions, particularly in sales, as it reinstated its dividend and announced a £3m share buyback programme.

In the six months to the end of June, the company swung to a statutory pre-tax profit of £3.3m from a loss of £4.3m in the same period a year ago, on revenue of £66.9m, up from £40.4m. Compared with 2019, revenue was up 29%.

The company reported a strong first half performance which saw growth across all its business areas.