20th Jul 2016 16:06
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.
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BCA Marketplace said three of its non-executive directors bought a total of 136,000 shares on Tuesday.
David Lis bought 25,000 shares at 170.5 pence per share. Following the purchase, Lis holds 100,000 shares, representing 0.013% of the total issued shares.
Piet Coelewij bought 86,000 shares at 172.7p each, which is his only holding.
Stephen Gutteridge bought 25,000 shares at 171.5p each, which is also his only holding.
BCA Marketplace on Tuesday said it bought UK automotive services group Paragon Automotive Ltd for an initial GBP105 million in cash.
BCA, which operates the British Car Auctions brand, will pay further earn-out payments of up to GBP30 million, subject to the achievement of financial and market targets over the next two financial years.
The stock closed up 3.5% at 177.50p Wednesday.
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Housebuilder Crest Nicholson Holdings said Non-Executive Director Pamela Alexander bought 4,777 shares at a price of 418.6 pence per share on Tuesday. The stock closed up 0.7% at 421.70p Wednesday.
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Secure Trust Bank said Non-Executive Director Michael Forsyth bought 1,200 shares at a price of 1,990 pence per share on Tuesday. Forsyth was the UK member of Parliament for Sterling from 1983 to 1997 and served as secretary of state for Scotland from 1995 to 1997, under John Major's Conservative government. The stock closed up 3.7% at 2,055.00p Wednesday.
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St Ives said Jill Armitage, a connected person of Chief Executive Officer Matt Armitage, bought 100,000 shares at a price of 83.875 pence per share on Tuesday. In addition, Jane Stillwell, a connected person of Chairman Richard Stillwell, bought 23,000 shares at 80.17p each on Friday. Shares in the marketing services provider were closed up 11% at 96.00p Wednesday.
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Natural resources sector investor Kennedy Ventures said it has raised GBP2.0 million for investee company African Tantalum Pty. Kennedy Ventures will issue 66.7 million shares at 3.00 pence per share to raise the funds. The funds will be used by African Tantalum to upgrade and expand its Tantalite Valley Mine project in Namibia. Clarke has agreed to acquire 1.7 million of the shares being issued by Kennedy Ventures in the placing, while Director Nick Harrison will acquire 833,333 shares. Following the purchases, Clarke will own 8.1 million shares, or a 4.6% interest in Kennedy Ventures, while Harrison will own 7.2 million shares, or a 4.1% stake. Shares in the company closed down 26% to 3.50 pence Wednesday.
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Biotech Growth Trust said Non-Executive Director Julia Le Blan bought 4,000 shares at a price of 665 pence per share Wednesday. The stock closed down 1.4% at 665.00p Wednesday.
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Recruiter Prime People said Non-Executive Director John Lewis bought 17,500 shares at a price of 86.00 pence per share Tuesday. Following this transaction, Lewis holds 1.0 million shares, representing 8.4% of the total issued shares. The stock closed up 0.4% at 88.35p Wednesday.
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BlackRock Throgmorton Trust said Non-Executive Director Chris Samuel bought 6,500 shares at a price of 299.38 pence per share Wednesday. The purchase is Samuel's only holding after being appointed in May. The stock closed up 0.7% at 304.00p Wednesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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