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DIRECTOR DEALINGS SUMMARY: Bilby Founding Family Members Exit Stakes

4th Sep 2018 17:27

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.----------Gas and electricity services firm Bilby said its founder & deputy chair, as well as another member of the founding family, have resigned and exited their stakes, whilst the firm has appointed a new boss of the group.Founder & Deputy Chairman Phil Copolo and Operations Director Leigh Copolo sold the entirety of their shareholdings. This followed the decision by the pair to retire from the firm. In total, the pair sold 12.6 million shares in Bilby - equivalent to a 31% stake - at a price of 100 pence per share to a number of institutional investors. Shares in Bilby closed down 0.4% at 105.55 pence.----------D4T4 Solutions said that Non-Executive Director Roger McDowell has sold 1.6 million shares at a price of 189.62 pence each, for a total of GBP2.9 million. McDowell no longer has a beneficial holding of shares in D4T4 following this transaction. Shares in D4T4 closed up 1.5% at 188.25p each. ----------Obtala said Non-Executive Chairman Miles Pelham purchased 3.0 million shares at a price of 5.16 pence. The transaction had a total value of GBP155,832. Pelham holds a 3.67% stake in the company following the transaction. Shares in Obtala closed flat at 6.40p. ----------Multi-brand franchisor firm Franchise Brands said Non-Executive Director David Poutney purchased 60,000 shares at a price of 80 pence per share on Monday. Following this GBP48,000 transaction, Poutney now holds 3.3 million shares in Franchise Brands, reflecting a 4.3% stake in the company. Shares in Franchise Brands closed down 1.8% at 80.03p.

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BILB.L
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