23rd Feb 2016 17:18
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.
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International corporate services firm Hogg Robinson Group said Chairman-Elect Nigel Northridge bought 100,000 shares at 66 pence each on Monday. The deal is worth GBP66,000.
The purchase is Northridge's only holding. He will succeed incumbent John Coombe, who is leaving the company. Northridge is the currently chairman of Debenhams and will step down in April when Ian Cheshire, the former chief executive of B&Q owner Kingfisher Group, takes over the role at the department store chain.
Northridge is also a senior independent director of retail services company Inchape and has been a non-executive director of other London-listed companies, including Aggreko, Thomas Cook Group, and Aer Lingus Group, now part of International Consolidated Airlines Group SA.
Hogg Robinson shares closed up 0.3% at 65.81p Tuesday.
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Brewer Greene King said the wife of Non-Executive Director Mike Coupe bought 1,690 shares at GBP8.8167 each on Tuesday. After the purchase, Coupe holds a beneficial interest in 3,690 shares. The stock closed up 0.4% at 880.82p Tuesday.
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BGEO Group said Chief Operating Officer Tornike Gogichaishvili sold 5,101 shares at 1,939p each last Friday. Following the sale, Gogichaishvili holds 2,541 shares. Shares in the Georgian bank closed up 0.4% at 1,896.58p Tuesday.
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MS International said the wife of Chairman Michael Bell bought 50,000 shares from Non-Executive Director David Pyle at 196p each on Monday. Following this transaction, Bell holds a beneficial interest in 4.9 million shares, which represents 29.2% of the current total voting rights. Pyle's interest stands at 1.8 million shares, or a 10.7% stake. Shares in the engineering products maker closed flat at 196.00p Tuesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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