3rd Jun 2016 16:13
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Friday.
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Recruiter RTC Group said two of its top executives sold a total of 757,500 shares for GBP526,200 on Wednesday.
Chief Executive Officer Andy Pendlebury sold 252,500 shares at 70 pence per share and 405,000 shares at 69p each. The sales reduces his shareholding to 798,663 shares, or a 5.5% stake.
In addition, Finance Director Sarah Dye sold 100,000 Shares at a price of 70p per share. She now holds 43,000 shares, or a 0.3% stake.
The company also said Alison Chapman, a substantial shareholder in RTC, sold 147,500 shares at a price of 70p each. She now holds 1.3 million shares, representing 8.9% of the issued share capital.
The stock closed down 4.1% at 71.00p Friday.
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Goals Soccer Centres said it has raised funds through a share placing to back its new strategic plans, including growing its core estate in the UK and expanding its international presence.
The 5-a-side soccer centre operator said it has conditionally raised GBP16.8 million through the placing of 16.8 million shares at 100.00 pence each.
Goals said its strategic plan aims to strengthen the group's position in the market, improve the return on capital employed, and increase shareholder value.
It expects to achieve earnings per share growth, a "strong and secure" balance sheet with the net to Ebitda ratio managed below 2.5 times, and increased shareholder returns through an uplift in equity value and a return to paying dividends in 2017 when the balance sheet recovers.
Under the placing, Chairman Nick Basing will subscribe for 100,000 shares, his first purchase of shares in company, giving him a total holding of 0.1% of Goals' issued share capital, while new Chief Executive Mark Jones will subscribe for 50,000 shares, also his first purchase.
Finance Director William Gow will subscribe for 25,000 shares, taking his total holding to 1.1 million shares representing a 1.5% stake.
Non-Executive Director Scott Lloyd will subscribe for 40,000 shares, his first share purchase.
In addition, Harwood Capital LLP will subscribe for 3.7 million shares, giving it a total holding of 14 million shares representing an 18.6% stake. Goals Non-Executive Director Christopher Mills is a director at Harwood.
The Times newspaper reported that Sports Direct International PLC Founder Mike Ashley also is participating in the placing, but a Goals spokesperson said he was unable to comment on that report.
Shares in Goals closed up 5.3% at 109.00p on Friday.
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Pets at Home Group said Non-Executive Director and Deputy Chairman Dennis Millard bought 8,000 shares at a price of 261.02 pence per share Friday. Following this transaction, Millard now holds 24,327 shares. The stock closed down 0.4% at 258.96p Friday.
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UDG Healthcare said Chief Executive Officer Brendan McAtamney bought 30,000 shares at a price of 595 pence per share Thursday. Following this transaction, McAtamney now holds 80,000 shares, which represents 0.03% stake in the firm. The stock closed down 0.1% at 596.46p Friday.
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Symphony International Holdings said Director Anil Thadani acquired 500,000 shares in the company on Thursday. Thadani bought 250,000 shares at USD0.729951 each and a further 250,000 shares at USD0.74 each. Following this transaction, Thadani has an interest in 60.2 million shares, which represents a 11.41% stake in the company. Shares in the private equity firm closed flat at USD0.725 Friday.
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JPMorgan Japan Smaller Companies Trust said Non-Executive Director Deborah Guthrie bought 7,341 shares at a price of 270.95 pence per share on Friday. The purchase is Guthrie's only holding in the trust. The stock closed down 0.6% at 270.25p Friday.
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Troy Income & Growth Trust said Fund Manager Francis Brooke bought 750,000 shares at a price of 72.45 pence per share on Thursday. Following the purchase, Brooke now holds 3.5 million shares, which equals a 1.279% stake in the trust. The stock closed up 1.1% at 72.50p Friday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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