20th Nov 2018 18:53
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.----------Ricardo said Chief Operating Officer Mark Garrett, and his wife Melanie Garrett, sold a combined 73,500 shares in the company.Mark Garrett sold 72,000 shares at GBP6.78 each for a total of GBP474,600. Melanie Garrett sold 1,500 shares at GBP6.93 each for a total of GBP10,395.The COO now holds an interest in 0.1% of the company's total issued shares, representing 59,723 shares.Shares in Ricardo closed down 2.9% Tuesday at 680.00p each.----------Capital Gearing Trust said Non-Executive Director Alastair Laing acquired a total of 1,223 shares at GB4.05 each. Following Laing's GBP49,639 purchase, his holding was not disclosed. Shares in Capital Gearing Trust closed down 0.3% Tuesday at 4,070.00 pence each.----------Zenith Energy said Chief Executive Officer & President Andrea Cattaneo purchased 1.2 million shares at a price of 3.3 pence per share on Thursday. Following the GBP37,950 transaction, Cattaneo now holds an interest in 18.8 million shares in Zenith, reflecting an 8.7% stake in the company. Shares in Zenith closed down 23% at 2.53 pence on Tuesday.----------Housebuilder Barratt Developments said Chairman John Allan purchased 10,000 shares at a price of 479.88 pence per share on Tuesday. Following this GBP47,988 transaction, Allen now holds 76,705 shares in Barratt Developments. Shares in Barratt Developments closed down 1.5% at 484.60p on Tuesday.----------Insulation supply firm SIG said Chief Financial Officer Nicholas Maddock and his wife purchased a combined 76,278 shares at an aggregate price of 105.44 pence each on Tuesday. The CFO purchased 13,340 shares at 105.35p and his wife purchased 62,938 shares at 105.86p. It has not been disclosed how many shares the couple now hold in the company following the GBP80,427 deal. Shares in SIG closed down 1.9% at 106.10p on Tuesday.----------Value & Income Trust said the Coltstaple Charitable Trust purchased 50,000 shares in the company at 265.00 pence each, through trustee Director Matthew Oakeshott. The Coltstaple Charitable Trust's total transaction was GBP132,500. Coltstaple's holding in Value & Income Trust was not disclosed. Shares in Value & Income Trust closed down 0.2% Tuesday at 264.85 pence each.----------Royal Mail said Tuesday its Chief Executive Officer Rico Back purchased a further 50,000 shares in the post and parcel firm after initially acquiring 112,000 earlier in the day. Back - who replaced Moya Greene as CEO in September - purchased the shares at 299.93 pence each, for a total of GBP149,966. In a statement released earlier on Tuesday, Royal Mail said Back bought 112,000 shares at 317.9268 pence each, worth GBP356,078, and another senior executive acquired shares in the firm in two transactions on Monday. Chief Information Officer Christian Herrlich - who also assumed his post in September - acquired 32,000 shares at 369.51 euro cents or 328.241 pence each, worth EUR118,243 or GBP105,059. The total holdings of either Back or Herrlich after the transactions were not disclosed. Shares in Royal Mail closed up 1.7% at 313.80 pence each.----------Electrocomponents said that Chief Executive Officer Lindsley Ruth bought shares worth GBP56,056 in the company. Ruth acquired 10,000 shares at 560.56 pence each on Tuesday. The CEO's total stake in the FTSE 250-listed company following the deal was not disclosed. Electrocomponents shares closed down 7.3% at 567.00p each. ----------AB Dynamics said its chair and noise & vibration testing boss sold shares worth a combined GBP2.4 million in the automotive industry-focused testing firm in a pair of transactions on Monday. Chairman Tony Best disposed of 100,000 shares at 1,497.75 pence each, worth GBP1.5 million. Best - along with his wife Naemi Best - still hold 6.0 million shares or a 31% stake in AB Dynamics. Noise/Vibration Test & Monitoring Systems Director Andrew Rumble sold 60,000 shares at 1,497.75 pence each, worth GBP898,650. Following the sale, Rumble held 209,565 shares or a 1.1% stake in AB Dynamics. Shares in AB Dynamics closed 0.3% lower at 1,510.00 pence on Tuesday.----------
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