7th Mar 2016 17:22
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday.
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HG Capital Trust said two of its non-executive directors bought shares on the same day as the trust's net asset value increased.
The private equity investment trust said that Non-Executive Director Richard Brooman bought 250 shares at 1,073.46 pence each on Monday, taking his holding to 2,090 shares or a 0.005% stake.
Earlier on Monday, the company said that Peter Dunscombe, a non-executive director, bought 1,500 shares at 1,057.91 pence each Monday.
In addition, Catherine Dunscombe, a connected person of Peter Dunscombe, acquired 500 shares at 1,060.00p each on Monday.
After the purchases, Peter Dunscombe has an interest in 6,000 shares, equivalent to 0.01% of the total voting rights in the company.
Private equity firm HgCapital on Monday said its portfolio of investments has continued to trade strongly, generating double-digit revenue and Ebitda growth, boosting listed vehicle HgCapital Trust in 2015, and expects to see opportunities to sell investments at attractive valuations in the medium term.
HgCapital Trust, which offers access to deals made by investment manager HgCapital, on Monday reported a total return, assuming reinvestment of all historic dividends, of 14.1% in 2015, citing "healthy trading" in its portfolio of investments. The trust's net asset value rose to 1,420p from 1,278p over the course of 2015, and sat at 1,455p on February 29.
Shares in the trust closed up 8.1% at 1,081.00p Monday.
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Metal Tiger said Michelle Johnson, wife of Chief Executive Officer Paul Johnson, bought 500,000 shares at 1.25p each on Monday. The company earlier said Paul Johnson bought 705,000 shares at 1.17 pence per share Friday. Following the purchase, Paul Johnson has a total shareholding of 9.0 million shares, equivalent to a 2.0% stake in the natural resources investor. Shares in Metal Tiger closed down 8.9% at 1.07p Monday.
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ARM Holdings said Chief Marketing Officer Ian Drew sold 30,000 shares at 1,015p per share last Wednesday. The deal is worth about GBP300,000 before expenses. Following the sale, Drew now holds 120,181 shares. Shares in the microprocessor designer closed down 1.1% at 1,006.29p Monday.
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HSBC Holdings said Non-Executive Director Irene Lee bought 10,000 shares at HKD49.95 each on Monday. The purchase took place in Hong Kong. The stock closed down 1.4% at 447.09p in London.
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Walker Crips Group said Wealth Management Director David Hetherton bought 23,299 shares at 48.7p per share Friday. Following the purchase Hetherton holds 738,351 shares, which equals 1.93% stake in the investment management company. The stock closed up 0.3% at 48.88p Monday.
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St Modwen Properties said Senior Independent Director Richard Mully bought a total of 10,000 shares at 305 pence per share between last Friday and Monday. Following the purchase, Mully holds 50,000 shares. Shares in the property company closed down 1.9% at 299.80p Monday.
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Image Scan Holdings said Chairman and Chief Executive Officer Bill Mawer bought 402,010 shares at a price of 1.99p per share on Monday. Following this transaction, Mawer holds 3.7 million shares, which represents 2.98% stake in the X-ray imaging technology company. The stock closed up 15% at 2.15p Monday.
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Exova Group said John Willox, an executive, bought 5,000 shares at a price of 135p per share Friday. Following the purchase, he now holds 223,828 shares, equivalent to a 0.089% stake in the company. Shares in the laboratory-based testing company closed up 7.4% at 145.00p Monday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
HgCapital Trust plc