29th Mar 2016 16:18
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.
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Standard Chartered said Finance Director Andy Halford increased his stake in the Asia-focused bank, spending GBP616,644 on buying shares.
Halford bought 140,000 shares at 440.46 pence per share, Standard Chartered said in a stock exchange filing on Tuesday.
The shares were acquired on Thursday last week. Halford now owns 341,794 shares in the lender, a 0.010% stake.
In February, Standard Chartered reported its first annual loss since 1989, with revenue coming under pressure amid a costly restructuring, volatile Chinese equity markets and depressed commodities prices.
Shares in Standard Chartered closed down 0.3% at 439.38p on Tuesday.
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Hikma Pharmaceuticals said Non-Executive Director Pat Butler bought 2,500 shares at 1,920 pence each last Thursday. Following the purchase, Butler now holds 3,875 shares. The stock closed up 3.2% at 1,954.00p Tuesday.
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Go-Ahead Group said Chief Financial Officer Patrick Butcher bought 1,886 shares at 2,651 pence each last Thursday. The purchase is his only holding in the transport company. The stock was closed up 0.2% at 2,631.00p Tuesday.
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OneSavings Bank said Non-Executive Director Stephan Wilcke sold GBP778,805 worth of shares. He sold 250,000 shares at 311.522 pence each last Wednesday and now holds 50,000 shares, equal to a 0.02% stake in the lender. The stock closed up 1.6% at 314.20p Tuesday.
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Insurer Beazley said Head of Specialty Lines Adrian Cox, together with his spouse Elaine O'Connor-Cox, sold 11,842 shares at a price of 363.00 pence per share last Wednesday. After the sale, Cox holds 746,205 shares, equating to a 0.14% stake. The stock closed up 0.8% at 358.50p Tuesday.
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Audioboom Group said Chief Executive Officer Rob Proctor bought 650,000 shares at a price of 2.98 pence per share last Thursday. Following the purchase, Proctor holds 1.1 million shares, or a 0.2% stake in the digital audio platform. The stock closed up 13% at 3.25p Tuesday.
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Hutchison China Meditech said Chief Executive Officer Christian Hogg bought 36,600 American Depositary Shares at a price of USD13.5 per ADS on Friday. Each ADS represents half of an ordinary share. Hogg holds those 36,600 ADSs, plus 1.1 million ordinary shares, equal to a 1.84% stake, following the purchase. The stock closed up 2.4% at 1,950.00p Tuesday.
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PuriCore said Chief Executive Officer Alex Martin bought 100,000 shares at 28.0 pence each on Tuesday. The purchase makes up Martin's entire holding after being appointed last May. Shares in the medical research and development company closed up 4.8% at 27.50p Tuesday.
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Earthport said Non-Executive Director John NcCoy bought 500,000 shares at 10.0 pence each last Thursday. Following the purchase, McCoy holds 1.1 million shares, representing a 0.22% stake. The stock closed up 3.8% at 17.00p Tuesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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