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DIRECTOR DEALINGS SUMMARY: Cobham CEO Buys 7,500 Shares

Fri, 17th Jun 2016 16:07

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Friday.
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Cobham said Chief Executive Officer Robert Murphy bought 7,500 shares at a price of 7.5 pence per share on Thursday.

Murphy's total shareholding was undisclosed.

The defence and aerospace company on Friday said it has secured 100% take-up of its rights issue of shares after the underwriters managed to place the 3% shares not taken up by investors.

Cobham, which serves the aviation, maritime, defence and space sectors, raised the GBP506.7 million to shore up its finances after it issued a profit warning in April.

The stock closed up 3.4% at 143.50p Friday.
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Broadcaster ITV said Human Resources Director David Osborn bought 9,971 shares at a price of 196.36 pence per share Thursday. Following this transaction, Osborn now holds 34,905 shares in ITV. The stock closed up 2.8% at 204.00p Friday.
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Old Mutual said Non-Executive Director Nonkululeko Nyembezi-Heita bought 9,351 shares at a price of GBP1.744304 pence per share Friday. Following this transaction, Nyembezi-Heita now holds 23,190 shares in the Anglo-South African financial services group. The stock closed up 3.6% at 175.90p Friday.
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Empiric Student Property said Chief Executive Officer Paul Hadaway bought 47,000 shares at a price of 105.25 pence per share Friday. Following this transaction, Hadaway now holds 1.3 million shares, or a 0.27% stake in the student accommodation investor. The purchase comes in addition to the 43,515 shares Hadaway bought in the company on Thursday, at 105.00p per share. The stock closed up 1.2% at 105.25p Friday.
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IT services provider Computacenter said Chairman Greg Lock bought 26,000 shares at a price of 780.5 pence per share Friday, his second purchase this month. Following the purchase, Lock's beneficial holding is 504,600 shares, or a 0.41% stake in the group. It is the second share purchase made by Lock this month, after he snapped up shares in the group in early June. The stock closed up 1.1% at 783.03p Friday.
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Tex Holdings said Non-Executive Director Christopher Palmer-Tomkinson bought 152,000 shares at 104 pence each on Friday. Following the purchase, Palmer-Tomkinson holds 180,000 shares, representing 2.83% of the issued share capital. Shares in the company, which manufactures and supplies engineering products, plastics, boards and panels, were untraded on Friday, having last traded at 110.50p.
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Dunedin Enterprise Investment Trust said Brian Finlayson, a director, bought 10,000 shares at a price of 310.5 pence per share on Friday. Following this transaction, Finlayson now holds 119,809 shares, which represents 0.58% stake in the trust. The stock closed up 1.0% at 310.50p Friday.
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Liontrust Asset Management said Non-Executive Director George Yeandle bought 10,000 shares at a price of 284 pence per share on Thursday. Following this transaction, Yeandle now holds 20,000 shares, which represents 0.04% stake in the trust. The London-listed money manager established in 1995, on Thursday reported higher pretax profit, on growing revenue and assets under management, and raised its full-year dividend 50% in response. The stock closed up 2.1% at 290.00p Friday.
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EU Supply said Chief Executive Officer Thomas Beergrehn bought 1.4 million shares at a price of 4.25 pence per share on Thursday. Following the purchase, Beergrehn holds a total interest in 8.6 million shares, or a 12.7% stake in the business. Shares in the software firm closed up 18% at 5.00p Friday.
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Europa Oil & Gas (Holdings) said Chief Executive Officer Hugh Mackay bought 250,327 shares at a price of 3.99 pence each Friday. Following this purchase, Mackay is interested in 3,.1 million shares, representing 1.26% per cent of the issued share capital. The stock closed up 2.9% at 3.98p Friday.
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Hogg Robinson Group said Non-Executive Director Paul Williams bought 25,000 shares at a price of 67 pence per share on Friday. Following this transaction, Williams now holds 160,000 shares, which represents 0.05% stake in the corporate services provider. The stock closed up 4.6% at 68.50p Friday.
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Paysafe Group said Non-Executive Director Brahm Gelfand acquired 2,500 shares, via an investment vehicle, at a price of GBP3.697 per share on Friday. Following this transaction, Gelfand now has an interest in a total of 14,500 shares in the payments company. The stock closed up 0.8% at 374.66p Friday.
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Norman Broadbent said Chief Financial Officer James Webber bought 40,000 shares at a price of 12.72 pence per share Friday. The purchase is Webber's only holding in the recruiter. The stock closed up 11% at 12.72p Friday.
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Cambian Group said Non-Executive Director Michael Butterworth bought 45,000 shares at a price of 64.75 pence per share on Friday. The purchase is Butterworth's only holding in the health services company. The stock closed up 4.9% at 64.50p Friday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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