24th Mar 2016 17:27
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.
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Fevertree Drinks said its co-founders sold around GBP17.7 million worth of shares, "in response to demand from institutional investors", on Wednesday.
Deputy Chairman Charles Rolls sold 1.9 million shares at 635 pence each, leaving him with 17.4 million shares, or a 15.1% stake in the drinks company. In addition, Chief Executive Officer Tim Warrillow sold 853,816 shares at the same price and now holds 7.7 million shares, or a 6.7% stake.
Rolls and Warrillow founded Fevertree in 2005.
Fevertree specialises in making drinks mixers, namely tonic water served in restaurants and upmarket bars. The group also produces other drinks such as ginger ale and lemonade.
The stock closed down 0.2% at 651.83p Thursday.
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Barclays said Non-Executive Director Mike Ashley bought 31,093 shares at 159.1217p per share on Wednesday. Following the purchase, Ashley holds 60,516 shares. The stock closed down 2.5% at 152.60p Thursday.
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Jupiter Fund Management said Sarah Creedy, a connected person to Company Secretary Adrian Creedy, sold 2,650 shares at a price of 404.2p per share on Thursday. Following the sale, the Creedys hold 1.5 million shares in the investment manager. Jupiter's shares closed down 0.9% at 405.30p Thursday.
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Budget airline easyJet said Sophie Norton, the wife of Commercial Director Peter Duffy, bought 1,532 shares at 1,475p each on Tuesday. The stock closed down 1.0% at 1,499.30p Thursday.
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Crest Nicholson Holdings said Non-Executive Director Sharon Flood bought 5,559 shares at 565.74p each, which makes up her entire holding. The stock closed down 0.6% at 564.67p Thursday.
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Greggs said three of its senior executives bought shares at 1,103.90p each on Wednesday. Chief Executive Officer Roger Whiteside bought 13,202 shares, increasing his shareholding to 76,588 shares. Finance Director Richard Hutton bought 5,424 shares and now holds 77,694 shares. Retail Director Raymond Reynolds bought 4,840 shares and now holds 64,084 shares. Shares in the bakery chain closed down 0.6% at 1,090.00p Thursday.
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Inchcape said Nigel Stein bought 8,381 shares at 712.50p each on Thursday, which makes up his entire holding. The stock closed down 1.4% at 712.50p Thursday.
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Quadrise Fuels International said Non-Executive Director Michael Duckels, and his wife, each bought 112,593 shares at a price of 12.13p per share on Tuesday. The company also said Duckels sold 164,880 shares, jointly held with his spouse, at the same price. Following the transaction, Duckels holds 3.9 million shares, representing 0.48% stake in Quadrise. The stock closed up 4.5% at 12.80p Thursday.
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Pittards said Chief Executive Officer Reg Hankey bought 7,000 shares at 71.7p per share on Wednesday. Following the purchase, Hankey's holding increased to a total of 220,333 shares. The stock closed up 5.6% at 75.00p Thursday.
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SDL said Non-Executive Director Glenn Collinson on Wednesday bought 12,000 shares at 426.35p each, which makes up his entire holding. The stock closed down 1.5% at 420.00p Thursday.
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Wireless tracking company Starcom said it has conditionally raised GBP450,000 before expenses through the placing of 30.0 million shares at price of 1.50 pence per share. Starcom said the placing shares will be executed in two tranches, with the second tranche relating to subscriptions made by the company's directors and founding shareholders.
Chief Executive Avi Hartmann has subscribed for 3.1 million shares, taking his total holding to 20.7 million shares or 15% of the enlarged share capital. Non-Executive Director Avi Engel has subscribed for 498,334 shares, in his first share dealing, and will hold 0.4%. Chairman Michael Rosenberg has subscribed for 1.2 million, taking his holding to 1.4 million, or 1.0% of the enlarged total. Rosenberg's shares are held through his personal pension plan. Both Chief Technical Officer Uri Hartmann and Chief Operating Officer Doron Kedem subscribed for 3.1 million shares each, and each now hold 22.1 million shares for 16.3% each of issued share capital.
The stock closed up 27% at 1.90p Thursday.
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Cloudbuy said Roberto Sella, an existing shareholder, conditionally agreed to invest millions of pounds in loan notes to be issued by the e-commerce platform company. Cloudbuy said Sella will subscribe for a minimum principal amount of GBP3.3 million and up to a maximum of GBP5.8 million of new, secured 10-year convertible and non-convertible loan notes. Sella holds an 11.45% stake in Cloudbuy.
In addition, the company said Non Executive Director Patrick Broughton subscribed for 1.5 million shares and Chief Financial Officer David Gibbon subscribed for 307,692 shares, alongside a subscription by "an employee of the company and his spouse" for 100,000 new shares each. The shares were bought at 6.5 pence each, raising GBP133,000.
The stock closed up 7.8% at 6.88p Thursday.
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Oxford BioMedica said Chairman Lorenzo Tallarigo bought 41,550 shares at 6.35p per share on Thursday. Following the purchase, Tallarigo now holds 77,920 shares. The stock closed down 1.6% at 6.15p Thursday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
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