12th Aug 2015 16:18
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.
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Sigma Capital Group said Chairman David Sigsworth bought 133,333 shares at a price of 75 pence per share.
Following this transaction, worth GBP100,000, Sigsworth holds a beneficial interest of 545,304 Shares, representing 0.88% of the issued share capital.
Sigma Capital earlier on Wednesday said it had raised GBP20 million before expenses in a share placing to allow the company to build its own portfolio of private rented sector assets.
Sigma said its main focus in the first half of 2015 was the the first phase of the roll-out of its private rented sector joint venture with Gatehouse, and that the delivery of the first phase of 927 new rental homes in the North West is ahead of schedule.
"Our PRS portfolio target with Gatehouse has now expanded to 10,000 new homes over the next five years. Complementing this, we are expecting to commence our first PRS site with Grainger in the second half," Sigsworth said in a statement.
The chairman's comments came as Sigma Capital reported net assets per share of 16.7 pence at the end of June, down from 16.8p at the end of 2014. It made a GBP414,000 pretax loss in the six months to the end of June, compared with a GBP201,000 pretax loss in the corresponding half the prior year, as revenue fell to GBP1.0 million from GBP1.8 million.
Shares in the residential development and urban regeneration company closed up 0.3% at 80.70p Wednesday.
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Essentra said Corporate Affairs Director Joanna Speed bought 2,049 shares at a price of 969 pence per share. Essentra didn't state when transaction took place. It said it was informed of it on Wednesday. Following this transaction, Speed holds 15,949 shares. Shares in the packaging and filter products company closed down 2.7% at 880.50p Wednesday.
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Old Mutual said Ralph Mupita, its emerging markets chief, sold 44,800 shares in the company at ZAR44.9127 Tuesday. Mupita now holds 135,269 shares. The transaction took place in South Africa. Shares in the Anglo-South African financial services company closed down 2.3% at 219.80 pence Wednesday.
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Pinewood Group said Chief Executive Officer Ivan Dunleavy bought 50,000 shares at a price of 440 pence per share. Following this transaction, Dunleavy's beneficial interest has increased to 177,884 shares, representing 0.3% of the company's issued share capital. The stock closed flat at 445.00p Wednesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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