7th Dec 2016 17:21
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.
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Breedon Group said Chairman Peter Tom sold around GBP5.1 million worth of shares in the construction materials group.
Tom sold 7 million shares at 72.75 pence each on Wednesday, leaving him with 41.1 million shares, or a 2.91% stake in the company.
The company said the sale forms part of Tom's wider personal estate planning, and that he has no intention of selling any more shares in the foreseeable future.
Additionally, Breedon said Tim Hall, chief executive of Breedon Southern, sold 200,00 shares at the same price.
Last week Breedon said its revenue for the ten-month period ended October 31 was up 31% year-on-year.
The stock closed up 1.0% at 73.50p Wednesday.
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Horizonte Minerals said Non-Executive Director William Fisher subscribed for 800,000 shares as part of a share placing at a price of CAD0.0326 each on Monday.
Horizonte Minerals on Monday said it has now issued the second tranche of shares under its recent placing, signalling the end to fundraising that has raised a total of GBP9.0 million to further progress the Araguaia nickel project in Brazil.
Horizonte launched the placing at the start of November that, in total, comprised of 450.0 million shares being issued at 2.00 pence each.
The net proceeds are being used to complete the definitive feasibility study for the project and for working capital purposes. Horizonte split the fundraising into two tranches. A total of 374.0 million shares were issued to UK investors while the remaining 76.0 million shares were issued via a non-brokered private placement basis in Canada.
Horizonte shares closed up 4.1% at 2.55 pence per share Wednesday.
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NextEnergy Solar Fund said Non-Executive Director Vic Holmes bought 100,000 shares at a price of 107.70 pence each Wednesday. The stock closed up 0.7% at 108.00p Wednesday.
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SDL said Non-Executive Director Christopher Humphrey bought 15,000 shares at a price of 432.50 pence per share Wednesday. The purchase is Humphrey's only holding. The stock closed up 1.4% at 430.25p Wednesday.
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Insurer Beazley said Non-Executive Director Robert Stuchbery bought 10,600 shares at a price of 381.67 pence share on Wednesday. The stock closed up 0.7% at 384.81p Tuesday.
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HSBC Holdings said Finance Director Iain Mackay sold 87,100 shares 651.84 pence each Wednesday. The deal is worth GBP567,752.64 gross. The European Commission said Wednesday that it has fined three banks EUR495.0 million over rigging euro interest rate derivatives, including a EUR33.6 million fine for HSBC. The stock closed up 3.4% at 679.20p Wednesday.
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Devro said Chairman Gerard Hoetmer bought 100,000 shares in the collagen products maker. Hoetmer bought 25,000 shares at 157 pence each on Tuesday, 55,000 shares at 154p each on Monday and 20,000 shares at 147p each on Friday. The stock closed down 0.3% at 156.75p Wednesday.
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Fishing Republic said Chief Executive Officer Steve Gross bought 60,606 shares at a price of 33.00 pence per share Tuesday. Following this transaction, Gross is beneficially interested in 11.2 million shares, or a 29.7% stake. Shares in the fishing tackle retailer closed up 2.3% at 33.00p Wednesday.
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BGEO Group said Deputy Chief Executive Officer George Tchiladze sold a total of 27,700 shares at an average price of GBP30.8902 each from last Thursday to Monday. The sale is valued at GBP855,658.54 before expenses. The stock closed up 3.2% at 3,212.24 pence Wednesday.
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GB Group said Non-Executive Director Richard Linford bought 30,000 shares at a price of 269.75 pence per share on Tuesday. Following this transaction, Linford has a beneficial holding of 300,183 shares, or a 0.22% stake. Shares in the identity data intelligence services provider closed up 1.6% at 270.00p Wednesday.
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Bodycote said Alexandra Laforie, a connected person to Finance Director Designate Dominique Yates, bought 100,000 shares at a price of 591.3459 pence per share on Tuesday. In October Bodycote said it appointed Yates as its new finance director, with plans for him to take over on January 2. Shares in the heat treatment and coating services company closed up 1.1% at 597.50p Wednesday.
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Hikma Pharmaceuticals said Darhold purchased shares in the company, affecting the interests of three board members that hold an interest in Darhold. Darhold acquired 150,000 shares in Hikma at an average price of 1,679.0 pence each on Tuesday and Monday. The transaction was worth GBP2.5 million. Chairman and Chief Executive Said Darwazah owns a 21.67% stake in Darhold, Executive Vice Chairman Mazen Darwazah has 10.92% and Mohammed Al-Husry has 8.01%. Hikma did not state what holding Darhold or any of the directors have following the transactions. Shares in the pharmaceutical company closed up 0.4% to 1,698.37 pence per share on Wednesday.
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Over-50s products and services provider Saga said Chief Executive Officer Lance Batchelor bought shares in the mid-cap firm. Batchelor bought 26,256 shares at a price of 189.48 pence per share on Tuesday. His total shareholding was not disclosed. The stock closed up 0.8% at 191.00p Wednesday.
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XLMedia said Chief Financial Officer Yehuda Dahan sold 123,750 shares at a price of 96 pence per share on Tuesday. The sale is worth GBP118,800 gross. Shares in the marketing company closed down 12% at 85.50p Wednesday.
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OMG said Non-Executive Director Jonathon Reeve bought 4,813 shares at a price of 50 pence per share Tuesday. Following this transaction, Reeve now holds 36,388 shares. The stock closed down 0.8% at 49.11p Wednesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
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