31st Jan 2025 13:18
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and Friday and not separately reported by Alliance News:
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Burford Capital Ltd - litigation finance provider with offices in London and New York - Four executives and directors sell 190,500 shares in total at USD14.61, worth USD2.8 million, on Tuesday. Chief Executive Officer Christopher Bogart and Chief Investment Officer Jonathan Molot each sell 90,000 shares, President Aviva Will sells 7,500, and Vice Chair David Perla sells 3,000. The shares are sold in New York by Merrill Lynch as part of executive share liquidity plans.
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Franchise Brands PLC - Macclesfield, England-based multi-brand franchisor focused on business-to-business van-based reactive and planned services, such as Metro Plumb - Three directors each buy 35,000 shares at average 135.61p, worth GBP142,389 in total, on Thursday. Executive Chair Stephen Hemsley now has 22.8 million shares, a 11.8% stake. Non-Executive Director Nigel Wray has 16.0 million shares, and Senior Independent Director Peter Kear has 110,000.
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Vianet Group PLC - Stockton-on-Tees, England-based provider of retail sales and volume monitoring systems - Non-Executive Director Stella Panu buys 20,000 shares at 88 pence, worth GBP17,600, on Thursday. Panu now has 330,000 shares, a 1.1% stake. Vianet earlier Thursday warned that "shifts in the economic landscape have impacted several contracts during the conversion phase". It said this has resulted in a different mix of orders and products than expected and "some delays in contract completions and pipeline conversion". Vianet expects to report earnings before interest, tax, and amortisation of GBP3.6 million and GBP15.7 million in revenue for the financial year that ends on March 31. This still will be up from GBP3.5 million and GBP15.2 million, respectively, in financial 2024.
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Literacy Capital PLC - London-based investment trust that makes long-term investments in private UK businesses and donates to literacy and education charities - Chair Paul Pindar pledges 15.0 million Literacy Capital shares against a personal loan facility with HSBC. Pindar's shareholding remains unchanged, holding 17.0 million shares together with wife Sharon.
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By Tom Waite, Alliance News editor
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