Airtel Africa Share News (AAF)

(Sharecast News) - Two significant director dealings were disclosed to the market on Thursday, with one of Airtel Africa's shareholders crossing the 15% holding threshold, while BT's finance chief sold a chunk of his holding.

Indian Continent Investment, associated with Airtel Africa board member Shravin Bharti Mittal, made a substantial purchase of shares.

The transaction, conducted under off-market bilateral private arrangements, involved the acquisition of 94,593,705 shares for 96.04p each, making for a total value of £90.85m.

It took place on 12 December, outside of regular trading venues.

As a result of the acquisition, Indian Continent Investment via Bharti Overseas Private now had voting rights over 567,665,566 shares in Airtel Africa, representing 15.1% of the company.

That marked a notable increase from its previous position, which stood at 12.58% of the firm.

On the other side of the ledger, BT Group chief financial officer Simon Lowth executed the sale of some of his shares.

Lowth sold 160,000 shares on 12 December for 125p each, resulting in a total transaction value of £0.2m.

This sale took place on the London Stock Exchange.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Airtel Africa (AAF)

Director name: Mittal,Shravin Bharti

Amount purchased: 94,593,704 @ 96.04p

Value: £90,847,791.93

Africa Opportunity Fund Limited (AOF)

Director name: Knapp,Robert C

Amount purchased: 3,000,000 @ 51.00p

Value: £1,855,430.97

Africa Opportunity Fund Limited (AOF)

Director name: Knapp,Robert C

Amount purchased: 1,387,375 @ 51.00p

Value: £858,059.51

Great Southern Copper (GSCU)

Director name: Bond,Charles Richard William

Amount purchased: 511,710 @ 139.00p

Value: £711,276.89

Afentra (AET)

Director name: Cloke,Ian Richard

Amount purchased: 602,874 @ 32.00p

Value: £192,919.68

Afentra (AET)

Director name: Cloke,Ian Richard

Amount purchased: 601,594 @ 30.36p

Value: £182,613.86

Astrazeneca (AZN)

Director name: Manz,Anna

Amount purchased: 487 @ 10,189.56p

Value: £49,623.16

Prudential (PRU)

Director name: Lu,Ming

Amount purchased: 5,600 @ 879.40p

Value: £49,246.40

Symphony International Holdings Ltd. (SIHL)

Director name: Thadani,Anil

Amount purchased: 100,035 @ $0.44

Value: $43,515.23

Van Elle Holdings (VANL)

Director name: Cutler,Mark

Amount purchased: 100,000 @ 39.00p

Value: £39,000.00

Great Southern Copper (GSCU)

Director name: Greene,Stuart

Amount purchased: 2,881,402 @ 1.20p

Value: £34,576.82

Tullow Oil (TLW)

Director name: Goethe,Roald

Amount purchased: 100,000 @ 33.18p

Value: £33,180.00

Conygar Investment Company (CIC)

Director name: Hamway,Nigel J

Amount purchased: 17,000 @ 85.70p

Value: £14,569.00

Conygar Investment Company (CIC)

Director name: Sandhu,Bimaljit S (Bim)

Amount purchased: 17,000 @ 85.70p

Value: £14,569.00

Conygar Investment Company (CIC)

Director name: Ware,Robert T E

Amount purchased: 17,000 @ 85.70p

Value: £14,569.00

Avon Protection (AVON)

Director name: Sclater,Jos

Amount purchased: 1,553 @ 791.78p

Value: £12,296.38

Avon Protection (AVON)

Director name: Cashin,Rich

Amount purchased: 1,490 @ 791.78p

Value: £11,797.55

Great Southern Copper (GSCU)

Director name: Garrett,Samuel James Melville

Amount purchased: 579,137 @ 1.45p

Value: £8,397.49

Great Southern Copper (GSCU)

Director name: Briers,Nicholas Michael

Amount purchased: 332,433 @ 2.27p

Value: £7,546.23

Symphony International Holdings Ltd. (SIHL)

Director name: Thadani,Anil

Amount purchased: 9,887 @ 46.90p

Value: £5,623.29

Symphony International Holdings Ltd. (SIHL)

Director name: Thadani,Anil

Amount purchased: 5,591 @ 46.01p

Value: £3,119.57

Symphony International Holdings Ltd. (SIHL)

Director name: Thadani,Anil

Amount purchased: 5,540 @ 42.80p

Value: £2,875.46

Sthree (STEM)

Director name: Beach,Andrew

Amount purchased: 36 @ 425.00p

Value: £153.00

Team17 Group (TM17)

Director name: Crawford ,Mark

Amount purchased: 96 @ 156.90p

Value: £150.62

Sthree (STEM)

Director name: Lehne,Timo

Amount purchased: 14 @ 425.00p

Value: £59.50

Top Director Sells

Softcat (SCT)

Director name: Charlton,Graham

Amount sold: 17,092 @ 1,312.00p

Value: £224,247.04

Bt Group (BT.A)

Director name: Lowth,Simon

Amount sold: 160,000 @ 125.00p

Value: £200,000.00

Afentra (AET)

Director name: Cloke,Ian Richard

Amount sold: 617,190 @ 30.35p

Value: £187,317.16

Barclays (BARC)

Director name: Venkatakrishnan,C.S.

Amount sold: 131,098 @ 142.82p

Value: £187,234.16

Afentra (AET)

Director name: Cloke,Ian Richard

Amount sold: 555,069 @ 32.00p

Value: £177,622.08

Tremor International Ltd (di) (TRMR)

Director name: Carmi ,Yaniv

Amount sold: 82,500 @ $2.13

Value: $144,965.15

Barclays (BARC)

Director name: Cross,Anna

Amount sold: 74,044 @ 142.82p

Value: £105,749.64

Mitchells & Butlers (MAB)

Director name: Urban,Phil

Amount sold: 16,049 @ 237.20p

Value: £38,068.23

Mitchells & Butlers (MAB)

Director name: Jones,Timothy (Tim) Charles

Amount sold: 13,429 @ 237.20p

Value: £31,853.59

Afentra (AET)

Director name: Cloke,Ian Richard

Amount sold: 34,033 @ 30.74p

Value: £10,461.74