3rd Dec 2015 17:24
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.
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Polypipe Group said three executives sold a total of 3 million shares in the pipe manufacturer at 335 pence each in order to satisfy personal tax liabilities. The total value of the sale was about GBP10.1 million.
Chief Executive Officer David Hall, Chief Financial Officer Peter Shepherd and Business Development Director Paul Rice each sold 1 million shares. The sale takes their holdings to 5.8 million, 2.5 million and 2.8 million shares, respectively.
"The directors and Mr Rice confirm that they have no intention to sell any additional shares in the immediate future," the company said in a statement.
The stock closed down 4.5% at 335.67p Thursday.
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Drinks company Stock Spirits Group said Mark Jackson, the spouse of Chief Financial Officer Lesley Jackson, bought 23,296 shares at a price of GBP1.0625 per share Wednesday.
The purchase follows Chief Executive Officer Chris Heath, Chief Operating Officer Ian Croxford and Chairman David Maloney who all acquired shares earlier this week.
Stock Spirits didn't provide a new total interest for Lesley Jackson.
Stock Spirits also said Elisa Gomez de Bonilla, the drinks company's general counsel, bought 19,754 shares at a price of 105 pence per share on Thursday. Her total shareholding was undisclosed.
The stock closed down 0.8% at 105.19p Thursday.
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Insurer Phoenix Group Holdings said Andrew Moss, a divisional chief executive, sold 4,000 shares at GBP9.105951 each on Wednesday. Following this disposal, Moss holds 41,189 shares. The stock closed down 1.2% at 899.50p Thursday.
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Hiscox said Senior Independent Director Colin Keogh bought 5,000 shares at a price of 1,047.74p each on Wednesday. His total shareholding was undisclosed. Shares in the specialist insurer closed up 0.8% at 1,038.15p Thursday.
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Precious metals miner Gemfields said Non-Executive Director Finn Behnken bought 75,000 shares at a price of 39.0671 pence per share on Thursday. The purchase is his only holding. The stock closed down 0.6% at 39.00p Thursday.
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A&J Mucklow said Managing Director Justin Parker sold 2,350 shares at a price of 513 pence per share Thursday. Following this transaction, Parker now holds 80,114 shares, which represents 0.13% stake in the firm. The stock closed up 0.7% at 520.00p Thursday.
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Spirax-Sarco Engineering said Chief Executive Officer Nicholas Anderson bought 1,000 shares at a price of 3,145p per share Wednesday. Following this transaction, Anderson holds 10,678 shares. Shares in the engineering company closed up 0.6% at 3,128.73p Thursday.
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FTSE 250 lender Aldermore Group said Alyson Haresnape, a person connected to Residential Mortgages Managing Director Charles Haresnape, bought 1,657 shares at a price of GBP2.3885 per share last Friday. Following this transaction, they hold 19,285 shares. The stock closed down 1.8% at 232.70p Thursday.
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Croda International said the wife of Finance Director Jez Maiden bought 1,600 shares at a price of 2,890 pence per share Wednesday. Following this transaction, the couple hold 3,600 shares. Shares in the chemicals manufacturer closed down 1.0% at 2,860.00p Thursday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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