14th Jul 2016 16:12
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.
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Pennant International Group said the pension fund of Non-Executive Director Christopher Powell sold 4.0 million shares at a price of 52 pence per share to existing institutional investors on Wednesday.
The sale is worth about GBP2.1 million.
Following this transaction, Powell holds a total beneficial interest in 6.3 million shares, or a 23.80% stake in the logistics support services group.
The stock closed up 3.7% at 56.00p Thursday.
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National Grid said General Counsel & Company Secretary Alison Kay sold 2,500 shares at a price of 1,117 pence per share on Monday. Kay's total shareholding was undisclosed. Shares in the electricity network operator closed down 1.7% at 1,085.00p Thursday.
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Vianet Group said Chairman James Dickson bought 5,000 shares at a price of 96 pence per share on Thursday. Dickson's total shareholding was undisclosed. Shares in the company, which makes monitoring systems for the leisure and vending markets, closed up 1.6% at 97.50p Thursday.
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Evraz said Chief Financial Officer Pavel Tatyanin sold 1.0 million shares at an average price of GBP1.600287 each on Wednesday and Tuesday. Tatyanin's total shareholding was undisclosed. The stock closed up 2.0% at 164.70p Thursday.
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Elegant Hotels Group said Chairman Simon Sherwood bought 22,639 shares at a price of 66.2 pence per share on Thursday. Shares in the hotel and restaurant operator closed down 0.5% at 66.20p Thursday.
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BlackRock Frontiers Investment Trust said Non-Executive Director Stephen White bought 30,000 shares at a price of 121.90 pence per share Thursday. The purchase is White's only holding in the trust. The stock closed up 2.9% at 123.00p Thursday.
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Mporium Group said Chief Executive Officer Barry Moat bought 318,000 shares at a price of 7 pence per share Wednesday. Following this transaction, Moat now holds 9.2 million shares, which represents 2.0% stake in the group. The stock closed down 3.6% at 7.60p Thursday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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Pennant International