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DIRECTOR DEALINGS: On The Beach CFO, CEO buy; Softcat CEO sells

Fri, 23rd Dec 2022 21:32

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

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On The Beach Group PLC - Manchester, England-based beach holidays provider - Says Chief Financial Officer Shaun Morton buys 36,999 shares at a price of 153.31p per share for an aggregate GBP56,723, while Chief Executive Officer Simon Cooper purchases 29,033 shares at same price per share for a total of GBP44,510. Says these share purchases satisfy the 50% deferral of the annual bonus for executive directors earned in respect of its financial year that ended September 30. Cooper now holds 7.6 million shares, 4.6% of On The Beach's share capital, via Hawsford Trustees Jersey Ltd. He also owns 2.1 million shares, 1.3%, in his own name, for a total of 9.7 million shares, or 5.8%. Morton now holds 40,029 shares, a nominal stake.

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Ferrexpo PLC - iron ore pellet producer in Ukraine - Says Chief Executive Officer James North buys 109,329 shares at a price of 165.72p per share on December 12, GBP181,180 in total. North's overall stake following the purchase was not stated.

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Bank of Cyprus Holdings PLC - Cypriot financial services company - Says senior independent director Constantine Iordanou buys 101,206 shares at an average price of 145p per share. Aggregate price is GBP146,749. Iordanou's overall stake following the purchase was not stated.

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LBG Media PLC - Manchester, England-based digital youth publisher - Says Chief Executive Officer Alexander Solomou buys 50,000 shares at 100.00p each through LAD Investments Ltd, a company which is wholly owned by Solomou. Aggregate price is GBP50,000. Following this transaction, Solomou owns 86.7 million shares in LBG media, which represents 42% of issued share capital.

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Softcat PLC - Buckinghamshire, England-based IT infrastructure and services provider to corporate and public sectors - Says Chief Executive Officer Graeme Watt sells 26,631 shares at a price of 1,209.00p per share, for an aggregate GBP321,969. Watt holds 56,376 shares in the company following the transaction.

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BP Marsh & Partners PLC - London-based private equity investor in early-stage financial services businesses - Says Executive Chair Brian Marsh sells 552,000 shares at a price of 297.00p each via the Marsh Christian Trust. Aggregate price is GBP1.6 million. Says the trust now has 40% interest in BP Marsh with an aggregate 15.1 million shares.

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By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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