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UK DIRECTOR DEALINGS SUMMARY: Sequoia Investment Adviser Sells 860,000

15th Dec 2020 15:30

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

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Sequoia Economic Infrastructure Income Fund Ltd - invests in senior and subordinated economic infrastructure debt - Investment adviser Sequoia Investment Management Co Ltd sells 859,301 shares. They are some of the shares no longer subject to a three-year lock-up agreement, the fund says. No price or transaction date is disclosed. The stock was trading a 105.49p on Tuesday afternoon in London, which would give a value to the sale of GBP906,477. Sequoia Investment Management now holds 3.2 million shares in the trust, a 0.2% stake, excluding shares held by individuals within the investment manager.

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City of London Investment Group PLC - asset manager - Liese Aling, spouse of Non-Executive Chair Barry Aling buys 20,000 shares at GBP4.28, worth GBP85,600, on Friday last week. Barry Aling now interested in 114,300 shares, a 0.2% stake.

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TransGlobe Energy Corp - oil and gas exploration and development in Egypt and Canada - Chief Executive Officer Randy Neely buys 50,000 shares at CAD1.23, worth CAD61,500, about GBP36,120, on Friday last week.

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Lok'n Store Group PLC - Farnborough, Hampshire-based self-storage - Managing Director Neil Newman-Shepherd buys 7,449 shares at 556.90, worth GBP41,438, on Monday. Now has 24,613 shares.

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By Tom Waite; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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