4th Nov 2024 16:16
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:
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Metals Exploration PLC - Philippines-focused gold producer - Chief Financial Officer Mike Langoulant sells 2.2 million shares at average 6.52 pence, worth GBP141,223, on Monday last week. Non-Executive Director Andrew Chubb sells 2.5 million shares at 6.75p, worth GBP168,750, also on Monday. Langoulant retains 5.5 million shares, a 0.3% stake, while Chubb has 4.1 million. Metals Exploration says the majority of the shares are purchased indirectly by its second largest shareholder, Drachs Investments No 3 Ltd, which now has an 18.6% stake.
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Global Opportunities Trust PLC - aims for long-term total return by investing globally in undervalued asset classes - Executive Director Sandy Nairn buys 50,000 shares at GBP2.80, worth GBP140,000, on Wednesday last week.
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Vertu Motors PLC - Gateshead, England-based automotive retailer with 202 sales and aftersales outlets across UK - Chief Operating Officer David Crane sells 196,736 shares at 66.20 pence, worth GBP130,246, on Tuesday last week. Crane retains 286,948 shares, a 0.1% stake. Vertu also last week said it bought Burrows Motor Co Ltd for GBP12.5 million. Burrows operates eight car dealerships in Yorkshire and Nottinghamshire - five Toyota, two Mazda and one Kia. It had GBP1.4 million in operating profit on GBP168.9 million in revenue in 2023.
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GSK PLC - London-based pharmaceutical and biotechnology firm - Susan Symonds, associate of Non-Executive Chair Jonathan Symonds, buys 7,150 shares at GBP13.94, worth GBP99,646, on Wednesday last week.
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Titon Holdings PLC - Colchester, England-based manufacturer and supplier of ventilation systems - Chair Jamie Brook buys 106,310 shares at 75.25 pence, worth GBP79,998, on Monday last week. Chief Executive Officer Tom Carpenter buys 66,500 shares at 75.00p on the same day. Titon late last month said it conditionally agreed to sell its 51% stake in Titon Korea Co Ltd and its 49% stake in Browntech Sales Co Ltd, both in South Korea, for GBP750,000 gross in cash. Titon said market conditions in South Korea "have proven very challenging in recent years".
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By Tom Waite, Alliance News editor
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