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DIRECTOR DEALINGS: Strix team bank GBP6 million; Kingfisher bosses buy

Wed, 20th Oct 2021 15:04

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

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Strix Group PLC - Isle of Man-based temperature control, steam management and water filtration - Chief Executive Officer Mark Bartlett, Chief Operating Officer Frank Gao, and Chief Financial Officer Raudres Wong sell 1.1 million, 206,173 and 500,000 shares, respectively, at 325 pence on Tuesday, worth GBP5.9 million in total. Bartlett retains 2.4 million shares, a 1.2% stake, while Wong has 1.8 million shares. They have agreed to not sell any more shares for the next 12 months. Gao had sold 200,000 shares back in June and now has no holding.

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Capital Ltd - mining services in Africa - David Regan Payne, executive for Commerical, sells 298,112 shares at average 85.67p, worth GBP255,393, on Thursday last week and on Monday and Tuesday this week.

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Kingfisher PLC - London-based DIY retailer - CEO Thierry Garnier buys 40,000 shares and CFO Bernard Bot buys 30,000, both at 327.4p, worth GBP229,180 in total, on Monday. Garnier now has 100,000 shares and Bot 80,000. They also hold options over 3.9 million and 2.2 million shares, respectively.

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Mondi PLC - Addlestone, England-based packaging and paper - Chair Philip Yea buys 5,000 shares at GBP17.73, worth GBP88,639, on Wednesday.

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Tiziana Life Sciences PLC - London-based biotechnology focused on therapeutics for oncology, inflammation and infectious diseases - Executive Chair Gabriele Cerrone buys 60,000 shares via Panetta Partners Ltd at 55p, worth GBP33,000, on October 4. Cerrone has bought 280,000 shares since late September. His stake is now 34.2%. Separately, Tiziana says its restructuring plan announced in August became effective on Wednesday. The plan will see Tiziana de-listed from London, with the last day of trading on Thursday. A new Bermuda-incorporated company will be be traded on Nasdaq in New York following a two-into-one share consolidation.

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Marlowe PLC - London-based safety and regulatory compliance services and software - Raises GBP50 million before expenses from oversubscribed placing of 5.5 million shares at 907p. Cenkos and Berenberg were lead bookrunners, with Stifel as bookrunner. Marlowe CFO Adam Councell buys 16,538 shares in the placing.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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