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UK DIRECTOR DEALINGS SUMMARY: AB Foods Chair Buys GBP150,000 Worth

4th Nov 2020 15:10

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

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Associated British Foods PLC - Chair Michael McLintock buys 9,000 shares at GBP17.18, worth GBP154,641, on Tuesday. AB Foods reported full-year results on Tuesday, opting against paying a final dividend as its Primark fast-fashion chain braced for further closures and profit dropped sharply during the virus pandemic. AB Foods said group revenue fell 12% in the year ended September 12 to GBP13.94 billion from USD15.82 billion. Pretax profit plunged 42% to GBP686 million from GBP1.17 billion during a year hit by Covid-19 lockdowns.

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Manchester & London Investment Trust PLC - technology-focused growth-stock investor - Mark Sheppard, owner of the trust's manager M&L Capital Management Ltd, sells 25,000 shares at GBP6.40, worth GBP160,000, on Tuesday.

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Van Elle Holdings PLC - Nottinghamshire-based geotechnical engineering contractor - Mary Nelson, associate of Non-Executive Chair Frank Nelson, buys 61,149 shares at 39 pence, worth GBP23,848, on Wednesday. Mary Nelson now has 100,000 shares.

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Weir Group PLC - Glasgow-based mining technology - Non-Executive Director Engelbert Haan buys 1,000 shares at GBP15.00, worth GBP15,000, on Tuesday.

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Cadence Minerals PLC - developing Yangibana rare earth project in Western Australia - Three directors buy 510,188 shares in total at GBP0.12, worth GBP61,223, on Tuesday. Chief Executive Officer Kiran Morzaria buys 247,688 shares and now has 1.1 million. Finance Director Donald Strang buys 212,000 and now has 797,545. Non-Executive Director Adrian Fairbourn buys 50,000 shares, while also exercising options at GBP0.06 over 200,000 new shares, and now has 386,005.

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Regional REIT Ltd - Stephen Inglis, a non-independent director of the company and CEO of its asset manager, buys 32,024 shares via Inglis Charitable Trust at GBP0.62, worth GBP19,919, on Friday last week.

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Audioboom Group PLC - London-based podcasts producer - Non-Executive Chair Michael Tobin buys 11,904 shares at 167 pence, worth GBP19,880, on Tuesday. Tobin had bought 28,375 on Thursday last week and 29,285 earlier in October. He now has 260,040 shares, a 1.8% stake.

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By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


Related Shares:

Cadence MineralManchester&lon.Weir GroupAudioboom Grp.AB FoodsVan ElleRegional Reit
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