LONDON (Alliance News) - The following is a summary of director dealings reported in London on Tuesday.
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Arden Partners said Chairman Luke Johnson and Deputy Chairman Jonathan Keeling bought shares in the institutional stockbroker on Monday.
Johnson and Keeling each bought 20,500 shares at 22.573 pence per share.
Arden Partners last Thursday said its pretax loss narrowed in the first half of its financial year on flat revenue.
Arden said it made a GBP700,000 pretax loss in the six months to the end of April from a GBP1.2 million loss made a year prior. Revenue in the half was flat at GBP2.7 million.
The stock closed up 2.2% at 23.00p Tuesday.
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Reabold Resources said Chairman Jeremy Edelman bought 5.0 million shares at a price of 0.4 pence per share on Tuesday. Following this transaction, Edelman now holds 149.0 million shares, equal to a 46% stake in the natural resources investing company. The stock closed untraded at 1.0p Tuesday.
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CML Microsystems said Non-Executive Director Ronald Shashoua bought 3,000 shares at a price of 337 pence per share on Monday. The semiconductor designer and manufacturer said last Wednesday, its trading since the end of the first quarter of 2016 has been as anticipated, with gross margins continuing at more or less the same levels as the previous year. The stock closed up 2.7% at 349.00p Tuesday.
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D4t4 Solutions said Non-Executive Director Roger McDowell sold 500,000 shares at a price of 132 pence per share on Monday. The deal is worth GBP660,000 before expenses. Following the sale, McDowell's holding is 1.9 million shares, representing 5.07% of the company's total voting rights. The company formerly known as IS Solutions, renamed and rebranded itself D4t4 Solutions in July as it continues to shift its focus towards data analytics. The stock closed down 1.4% at 138.00p Tuesday.
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Vehicle retailer and distributor Inchcape said six of its board members purchased shares, all at 674 pence per share, on Monday. Nigel Northridge, senior non-executive director, bought 315 shares, Till Vestring, non-executive director, bought 411 shares and Non-Executive Director Alison Cooper bought 233 shares. Non-Executive Director John Langston bought 292 shares, Non-Executive Director Nigel Stein bought 233 shares and Non-Executive Director Coline McConville bought 292 shares. The stock closed up 0.3% to 677.47p on Tuesday.
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Paragon Entertainment said Chief Operating Officer John Dobson bought a total of 1.1 million shares at an average price of 1.83 pence each on Monday. Following the purchase, Dobson is beneficially interested in 3.8 million shares, or a 2.01% stake. Shares in the attractions design, production and fit-out business closed up 10% at 1.95p Tuesday.
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Foreign & Colonial Investment Trust said Non-Executive Director Edward Knapp bought 3,130 shares at a price of 483.5 pence per share Friday. The stock closed down 0.4% at 480.00p Tuesday.
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Centaur Media said Swag Mukerji, its interim chief financial officer, bought 10,000 shares at a price of 35 pence per share last Friday. Mukerji is the former CFO of Safetykleen Group, a US industrial cleaning and waste management company. Shares in the business information and events company closed up 0.7% at 35.00p Tuesday.
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Bank of Ireland (Governor&Co) said Non-Executive Director Pat Butler bought 70,000 shares at a price of EUR0.18 per share Monday. Following this transaction, Butler now holds 92,519 shares. The stock closed down 9.0% at EUR0.159 Tuesday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
28 Apr 2022 15:00
IN BRIEF: Ince Group completes acquisition of Arden Partners
Ince Group PLC - London-based legal and professional services - Completes acquisition of London-based corporate adviser and stock broker Arden Partners PLC, after scheme of arrangement gets court approval. The all-share merger, first announced back in October, at the time valued Arden at GBP10 million, though Ince Group shares have halve in value over the past six months. Arden shareholders received 7 Ince shares for every 12 Arden shares they owned.
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