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Pin to quick picksAdriatic Metal. Share News (ADT1)

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DIRECTOR DEALINGS: Vitec CEO sells; Aston Martin non-exec buys again

Mon, 10th May 2021 14:14

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

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Vitec Group PLC - Richmond, West London-based photography and video products maker - Chief Executive Stephen Bird sells 125,000 shares at GBP15.60, worth GBP2.0 million, on Friday. Vitec says sale was for a house purchases. Bird continues to hold 192,957 shares. Additionally, Nicol Verheem, divisional CEO for Vitec Creative Solutions, sells 25,000 shares, also at GBP15.60, worth GBP390,000, also on Friday. Verheem now has 118,629 shares.

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Aston Martin Lagonda Global Holdings PLC - Gaydon, Warwick-based luxury automaker - Non-Executive Director Michael de Picciotto buys 50,000 shares via Saint James Invest SA at GBP18.48, worth GBP924,175, on Friday. De Picciotto also had bought 50,000 shares at the start of March. He joined the board last year as a representative of Yew Tree Consortium, which is controlled by Lawrence Stroll, the lead investor and executive chair of Aston Martin.

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Adriatic Metals PLC - developing Vares silver project in Bosnia & Herzegovina and Raska zinc-silver project in Serbia - Chief Financial Officer Geoffrey Eyre sells 125,000 shares via Chess depositary interests at AUD2.31, worth AUD288,750, about GBP160,000, on Monday.

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Shepherd Neame Ltd - Faversham, Kent-based brewer and pub chain - Chair Richard Oldfield buys 6,356 shares at GBP10.32, worth GBP65,594, on Thursday last week.

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Jersey Oil & Gas PLC - oil and gas exploration and production on UK Continental Shelf - Non-Executive Director Les Thomas buys 25,000 shares at 159.25p, worth GBP39,813, on Friday. The purchase is his only holding. Thomas, the former CEO of Ithaca Energy Inc, joined the Jersey Oil board last month.

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Judges Scientific PLC - London-based scientific instruments-focused investor - Non-Executive Director Lushani Kodituwakku buys 325 shares at 6,175 pence, worth GBP20,069, on Friday.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Adriatic Metals raises USD32.0 million through placing

Adriatic Metals PLC - precious and base metals explorer and developer that owns the Vares silver project in Bosnia & Herzegovina and the Raska zinc deposit in Serbia - Raises USD32.0 million in a placing of 14.8 million shares, at 170 pence each; a 5.1% discount to the 10-day average share price to august 7. Adriatic Metals announced this placing on Monday, saying the proceeds of the placing would fund an expanded and accelerated exploration programme at Rupice and Rupice Northwest, including an additional 40,000 metres of drilling, and associated facilities and equipment.

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IN BRIEF: Adriatic Metals sees Vares progress ahead of production

Adriatic Metals PLC - Cheltenham, England-based precious and base metals exploration and development company - Says Vares silver project in Bosnia & Herzegovina is 84% complete and expects first concentrate production in November. This comes after the first ore was mined and stockpiled at the Rupice mine last week. Adds final project cost estimate is USD182 million. Cash balance at June 30 was USD85.6 million, and expects exploration outflows of USD75.7 million.

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