28th Sep 2015 16:20
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday .
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Kurdistan-focused oil producer Genel Energy said Chairman Tony Hayward sold 150,000 shares at a price of GBP3.084349 per share Wednesday, worth about GBP450,000.
Following this transaction, Hayward holds 1.5 million shares, which represents 0.597% stake in the firm.
Hayward, having previously been chief executive of Genel, replaced previous chairman Rodney Chase, who resigned from the company in July. Hayward, the former chief executive of BP who was at the helm of the oil giant at the time of the Gulf of Mexico oil spill in 2010, led a reverse takeover of Genel in 2011 via the Vallares investment vehicle, set up by him, financier Nat Rothschild and banker Julian Metherell.
The stock closed down 4.8% at 275.00p Monday.
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JD Sports Fashion said Chairman Peter Cowgill bought 20,000 shares at a price of 928 pence per share Thursday. Following this transaction, Cowgill holds 1.7 million shares, representing 0.85% of the issued share capital. Shares in the sportswear retailer closed up 0.3% at 943.00p Monday.
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Just Retirement Group said Non-Executive Director Steve Melcher bought a total of 35,000 shares on Friday. 13,991 shares were bought at 172.61 pence each and 21,009 shares at 175p each. The purchase is his only holding in the annuities provider after being appointed in May. Just Retirement and Partnership Assurance Group on Friday both announced share placings in relation to the all-share merger between the two companies. The pair said the two issues will raise a total of GBP150.0 million to back their proposed merger, under which they will combine under the name JRP Group. Shares in Just Retirement closed down 6.7% at 162.40p Monday.
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Sound Oil said Non-Executive Director Richard Liddell bought 75,000 shares at a price of 14.45 pence per share Monday, his only holding. The purchase follows fellow Non-Executive Director Stephen Whyte, who bought 68,646 shares at a price of 14.55 pence per share also Monday. The purchase also is Whyte's only holding. Shares in the the Mediterranean-focused upstream gas company closed up 2.5% at 14.61p Monday.
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Sphere Medical Holding said Chief Financial Officer Richard Wright bought 75,382 shares at a price of 13.25 pence per share on Monday. The purchase is his only holding. Sphere Medical last Tuesday reported a widened pretax loss for the first half of 2015 as it continued to work on commercialising its lead product Proxima. The stock closed down 9.0% at 13.20p Monday.
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Gaming company GVC Holdings said Chief Executive Officer Kenneth Alexander bought 41,535 shares at a price of 415 pence per share Monday. Following this transaction, Alexander holds 212,000 shares, representing approximately 0.35% of the company's issued ordinary share capital. The stock closed up 0.2% at 411.00p Monday.
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Discount retailer Poundland Group said Non-Executive Director Mary Barnard bought 1,822 shares at a price of 272 pence each Friday. The purchase is her only holding after being appointed in March. Last Thursday, Poundland raised GBP50 million through the placing of shares in order to fund its acquisition of 99p Stores, and said that it expects core pretax profit for its full financial year to meet market expectations, although it will be weighted towards the second half. Shares closed up 1.4% at 279.20p Monday.
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Senior said Head of Business Development David Beavan and his wife collectively purchased 10,000 GBP2.54 per share Friday. Following this transaction, Beavan and his wife collectively hold 102,043 shares. Shares in the aircraft parts maker closed down 2.2% at 249.30p Monday.
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PureTech Health said Non-Executive Director Robert Langer bought 7,200 shares in a deal worth GBP9,717 Thursday. The shares were bought at around 135 pence per share. Following this transaction, Langer holds 2.9 million shares, which represents 1.24% stake in the firm. Shares in the medical research and development company closed flat at 129.50p Monday.
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PuriCore said Non-Executive Chairman Charles Spicer bought 77,922 shares at a price of 19.25 pence per share Thursday. Following this transaction, Spicer holds 152,922 shares, which represents 0.31% stake in the firm. The company also said Non-Executive Director Daniel Hegglin bought 500,000 shares on Thursday at 19.3p each. He now holds 5.4 million shares or 10.79% of issued shares. PuriCore last Wednesday reported a wider pretax loss in the first half of 2015, despite growth in revenue, as it took a hit to its gross margin due to higher service costs and investments it is making into the business. Shares in the research and development company closed up 2.8% at 20.05p Monday.
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Elektron Technology said Non-Executive Director Giovanni Ciuccio bought 13,500 shares at a price of 7.25 pence per share Friday. The purchase is his only holding after being appointed in September. Shares in the technology group closed down 3.3% at 7.26p Monday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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Related Shares:
Genel Energy