9th Feb 2016 17:13
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.
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Clipper Logistics said an entity connected to Chairman Steven Parkin sold a 4.0% stake in the retail sector logistics services provider.
Oak From Acorn LLP sold 4.0 million shares at a price of 260 pence per share on Monday, worth GBP10.4 million before expenses.
The sale leaves Oak From Acorn with 797,100 shares, which represents a 0.8% stake.
Parkin also holds 30 million shares through Carlton Court Investments, the combined total equates to a 30.8% stake in Clipper.
Both entities are ultimately controlled by Parkin.
Shares closed up 1.1% at 267.85p Tuesday.
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GVC Holdings said Non-Executive Director Norbert Teufelberger sold around GBP2.3 million worth of shares in the online gaming company. Teufelberger sold 460,000 shares at a price of 490 pence per share on Monday. Following the sale, Teufelberger holds 2.8 million shares equating to a 0.94% stake in the company. Last week GVC said it finalized the acquisition of bwin.party digital entertainment. The enlarged group will now trade on the London Main Market. The stock closed down 5.0% at 456.00p Tuesday.
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By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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