14th Dec 2016 17:13
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.
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Pharmaceutical firm Hutchison China MediTech said Executive Director and Chairman Simon To bought US-listed shares in the company last week and early this week.
To bought 52,161 American Depositary Shares at an average price of USD14.18 per share on Friday last week and on Monday and Tuesday. The transaction is worth just shy of USD740,000.
Each ADS is worth half a Hutchison China MediTech ordinary share, meaning the purchase equates to 26,080.5 shares.
The purchase is the first made by To of ADSs and adds to the 180,000 ordinary shares he has a beneficial interest in, around 0.3% of the company's issued share capital.
The stock closed up 3.2% at 2,292.50p Wednesday.
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FTSE 250 lender Metro Bank said Non-Executive Director Stuart Bernau sold 2,000 shares at a price of 3,306 pence per share on Tuesday. The sale is worth GBP66,120 gross. Bernau's total shareholding following the sale was not disclosed. The stock closed down 1.3% at 3,266.33p Wednesday.
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Tricorn Group said Chairman Andrew Moss bought 100,000 shares at a price of 14.00 pence per share on Wednesday. Following the purchase, Moss has a beneficial interest in 450,000 shares, or a 1.33% stake in the tube manipulation company. The stock closed up 6.4% at 14.89p Tuesday.
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ReNeuron Group said Chief Executive Officer Olav Hellebo bought 346,644 shares at a price of 2.8848 pence per share on Wednesday. Following this purchase, Hellebo's total beneficial interest is 669,422 shares. Shares in the cell-based therapeutics company closed flat at 2.75p Wednesday.
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Recruiter Hays said Alexandra Douglas-Home, a connected person to Chief Marketing Officer Sholto Douglas-Home, sold 13,371 shares at a price of 146.2 pence per share on Wednesday. Douglas-Home's total shareholding was not disclosed. The stock closed up 0.4% at 146.31p Wednesday.
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Schroder Japan Growth Fund said Non-Executive Director Alan Gibbs bought 5,000 shares at a price of 184 pence per share last Friday. The purchase is Gibbs's only holding after being appointed in February. The stock closed down 0.5% at 184.00p Wednesday.
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Insurer Hiscox said Chief Underwriting Officer Richard Watson sold 50,000 shares at a price of 1,010 pence per share Tuesday. Following this transaction, Watson now holds 700,000 shares. The stock closed down 1.1% 999.43p Wednesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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