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DIRECTOR DEALINGS: ScaleUp cuts Kooth stake to 37%; Hiscox CEO buys

5th Oct 2021 14:41

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

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Kooth PLC - London-based digital mental health platform - Non-Executive Director Simon Philips sells 1.3 million shares via ScaleUp Capital at 365p, worth GBP4.7 million, on Monday. ScaleUp Capital's interest is now 12.3 million shares, a 37% stake.

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Hiscox Ltd - Hamilton, Bermuda-based insurer - Chief Executive Officer Bronek Masojada buys 15,000 shares via Heptagon Assets Ltd at average GBP8.37, worth GBP125,550, on Friday last week. Masojada is retiring in January after leading Hiscox for 21 years, with Chief Financial Officer Aki Hussain promoted in his place.

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Smiths Group PLC - London-based engineer - Non-Executive Director Noel Tata buys 2,000 shares at GBP14.35, worth GBP28,700, on Monday.

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VPC Specialty Lending Investments PLC - invests in asset-backed loans to businesses originated by non-bank lenders - Non-Executive Director Oliver Grundy buys 30,000 shares at GBP0.88, worth GBP26,415, on Tuesday.

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Severfield PLC - Thirsk, North Yorkshire-based structural steel maker - Chair Kevin Whiteman buys 65,619 shares at GBP0.76, worth GBP50,002, on Tuesday.

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Tiziana Life Sciences PLC - London-based biotechnology focused on therapeutics for oncology, inflammation and infectious diseases - Executive Chair Gabriele Cerrone buys 60,000 shares via Panetta Partners Ltd at 50p, worth GBP30,000, on Monday. Stake edges up to 34.18% from 34.15%.

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Odyssean Investment Trust PLC - invests in smaller companies outside the FTSE 250 index - Non-Executive Director Jane Tufnell buys 3,150 shares at 159.38p, worth GBP5,020, on Monday.

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Edinburgh Investment Trust PLC - invests primarily in UK securities - James de Uphaugh, chair & chief investment officer of investment manager Majedie Asset Management Ltd, buys 5,102 shares at 606.00p, worth GBP30,918, on Monday.

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Real Estate Credit Investments Ltd - specialist investor in European real estate credit markets - Chair Bob Cowdell buys 16,000 shares at GBP1.55, worth GBP24,800, on Monday.

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By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.

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