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Share Price: 18.23
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Change: -0.91 (-4.75%)
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DIRECTOR DEALINGS: Braveheart CEO joins raise; Cripps ups Tintra stake

Fri, 13th Aug 2021 14:04

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

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Braveheart Investment Group PLC - Barnsley-based investor in small- and medium-sized businesses - Places 13.9 million new shares at 18 pence to raise GBP2.5 million gross and GBP2.4 million net. Braveheart shares closed at 22.75p on Thursday and are up 21% at 27.56p on Friday afternoon. The cash will be used to "accelerate the development of [investee] Paraytec's Covid testing instrument by taking direct control of the final design and engineering packages". Braveheart Chief Executive Officer Trevor Brown buys over half of the placing shares, taking 8.0 million for a GBP1.4 million investment. He now has 8.6 million shares, a 17% stake. Executive Director Vivian Hallam takes 833,333 shares and now has 1.4 million.

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Tintra PLC - Windsor, Berkshire-based investment and advisor company formerly known as St James House - Non-Executive Director John Cripps exercises option to acquire 1.3 million shares at 10p, worth 133,233, in settlement of invoiced management services. Cripps now has 1.8 million shares, a 29.9% stake. Tintra also issues 4.2 million shares at 10p, raising GBP415,000, for loan stock conversions. Three directors take part. Finance Director Daniel Pym receives 210,959 shares, and Non-Executive Chair Roger Matthews and Non-Executive Director Arno Rudolf each received 52,740 shares. Tintra shares are trading unchanged at 47.50p in London on Friday afternoon.

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Maestrano Group PLC - London-based software for transport corridor analytics - Non-Executive Director Jonathan Macleod exercises options over 1.4 million shares at 1.3p, costing GBP18,344 in total, on Thursday. Macleod now has 1.9 million shares, or a 1.1% stake. Maestrano shares are quoted at 12.40p on Friday, making the new shares worth GBP174,978.

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Glanbia PLC - Kilkenny, Ireland-based food ingredients and powdered-milk maker - Non-Executive Director Jane Lodge buys 5,000 shares at EUR14.26, worth EUR71,300, on Thursday.

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Hammerson PLC - London-based real estate investment trust focused on shopping centres - Non-Executive Director Mike Butterworth buys 81,463 shares at GBP0.36, worth GBP29,726, on Thursday.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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