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Directors dealings: Activist investor Bramson tops up stake in Electra

Fri, 27th May 2016 14:18

(ShareCast News) - Electra boss Edward Bramson picked up another large slice of shares in the listed private equity outfit on the same day of his appointment as interim chief executive officer of the firm.Bramson and one of his associates, Ian Brindle, were named to Electra Private Equity´s board on 5 November 2015 following an activist campaign by the former through his vehicle Sherborne Investors.The activist investor had pushed for a review of Electra´s investment policy and of its relationship to Electra Partners, the separate investment outfit overseeing its £1.7bn of buyout investments.On 26 May, Sherborne Investors purchased 42,719 shares at an individual price of 3,794p each for a total amount of £1.62m, raising Bramson´s stake to 11.4m shares, which equated to 28.36% of Electra´s equity.That same day Electra announced that it had served Electra Partners with a notice of termination of the Management & Investment Guideline Agreement which had been in place.Top Director BuysElectra Private Equity (ELTA)Director name: Bramson,EdwardAmount purchased: 42,719 @ 3,794.00pValue: £1,620,758.80Restaurant Group (RTN)Director name: Clemett,GrahamAmount purchased: 14,218 @ 351.00pValue: £49,905.18Minds + Machines Group Limited (di) (MMX)Director name: Elliott,GuyAmount purchased: 300,000 @ 10.00pValue: £30,000.00Sirius Real Estate Ltd. (SRE)Director name: Marks,Alistair Amount purchased: 56,053 @ € 0.51Value: € 28,587.03Surgical Innovations Group (SUN)Director name: Hardy,PaulAmount purchased: 1,140,000 @ 1.75pValue: £19,950.00Surgical Innovations Group (SUN)Director name: Rogers,NigelAmount purchased: 1,140,000 @ 1.75pValue: £19,950.00Servicepower Technologies (SVR)Director name: Fitzwilliam-Lay,HughAmount purchased: 338,269 @ 2.60pValue: £8,794.99Top Director SellsCapital & Counties Properties (CAPC)Director name: Hawksworth,IanAmount purchased: 600,000 @ 346.00pValue: £2,076,000.02Capital & Counties Properties (CAPC)Director name: Yardley,GaryAmount purchased: 600,000 @ 346.00pValue: £2,076,000.02Capital & Counties Properties (CAPC)Director name: Das,SoumenAmount purchased: 600,000 @ 346.00pValue: £2,076,000.02Whitbread (WTB)Director name: Smalley,Louise Amount purchased: 6,788 @ 4,279.00pValue: £290,458.53Travis Perkins (TPK)Director name: Buffin ,Tony Amount purchased: 4,042 @ 1,801.11pValue: £72,800.93
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20 Jan 2016 11:11

Electra board not independent enough - shareholder advisor PIRC

* PIRC rejects Bramson, Brindle as non-executive directors * Follows successful election to the board on Nov. 5 * Calls for investors to reject both at Jan. 25 AGM By Simon Jessop and Freya Berry LONDON, Jan 20 (Reuters) - The board of Electra Private Equity is not indepen

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18 Jan 2016 16:14

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14 Jan 2016 16:19

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4 Jan 2016 07:55

Grainger to sell equity release division

(ShareCast News) - Grainger was expecting a cash boost on Monday, with the announcement it was selling its equity release division. The FTSE 250 landlord - the UK's largest listed residential lessor - reported it had exchanged contracts with Turbo Group Holdings to sell its Retirement Solutions busi

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4 Jan 2016 07:16

Grainger To Sell Equity Release Division In GBP325 Million Deal

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30 Dec 2015 14:41

Watchstone Group chairman buys shares

(ShareCast News) - Richard Rose, non-executive chairman of Watchstone Group - formerly Quindell - bought 100,000 shares in the insurance technology company at 257.88p each. This marked Rose's first purchase and gives him a 0.2% interest in Watchstone's issued share capital. Watchstone shares rocket

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30 Dec 2015 10:01

DIRECTOR DEALINGS: Bramson Ups Electra Private Equity Stake Again

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14 Dec 2015 18:18

DIRECTOR DEALINGS: Electra Private Equity Sees Bramson Increase Stake

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23 Nov 2015 18:34

Activist Bramson Takes Charge Of Engagement With Electra's Manager

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11 Nov 2015 10:30

Electra Private Equity completes Park Resorts merger

(ShareCast News) - Investment trust Electra Private Equity has completed the merger of Parkdean Holidays and Park Resorts Group. The latter comprises Electra's portfolio companies Park Resorts, South Lakeland Parks and Southview and Manor Park and the FTSE 250 group said the merger will combine two

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11 Nov 2015 09:34

Electra Private Equity Completes Merger Of Park Resorts With Parkdean

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6 Nov 2015 17:39

Electra Private Equity Chairman Roger Yates Resigns

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5 Nov 2015 15:23

UPDATE 2-Activist investor Bramson wins battle for UK's Electra

* Bramson's Sherborne wins two board seats * Electra Chairman Roger Yates resigns * Sherborne to conduct strategic review (Recasts, adds Electra chairman resignation, detail) By Freya Berry LONDON, Nov 5 (Reuters) - Activist investor Edward Bramson staged a dramatic coup

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5 Nov 2015 14:24

UPDATE: Bramson's Victory Prompts Yates To Quit As Electra's Chairman

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