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Pin to quick picksGreencore Share News (GNC)

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DIRECTOR DEALINGS: TBC Bank chief sells GBP4.5 million in shares

Mon, 05th Dec 2022 14:53

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

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TBC Bank Group PLC - financial services in Georgia and Uzbekistan - Vakhtang Butskhrikidze, chief executive officer of JSC TBC Bank, sells 205,000 shares at average GBP22.01, worth GBP4.5 million, on Monday. Butskhrikidze had sold 45,000 shares last month.

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Smurfit Kappa Group PLC - Dublin-based paper and packaging - Non-Executive Director James Lawrence sells 140,000 shares at USD36.11, EUR34.59 and EUR34.77 on Monday, Tuesday and Wednesday last week respectively. The disposals on the US OTC market and on Euronext Dublin are worth about USD5 million in total.

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Greencore Group PLC - Dublin-based convenience foods maker - CEO Dalton Philips buys 195,000 shares at GBP0.65, worth GBP126,653, on Thursday last week. Greencore on Tuesday last week reported a 43% rise in pretax profit to GBP39.8 million in the 12 months that ended September 30 from GBP27.8 million the year before, as revenue increased 31% to GBP1.74 billion from GBP1.32 billion. Philips took over as CEO back in September.

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Renewables Infrastructure Group Ltd - Guernsey-based renewable energy infrastructure investor - Director Richard Morse buys 41,350 shares at GBP1.32, worth GBP54,582, on Tuesday last week.

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Dunedin Enterprise Investment Trust PLC - investor in UK mid-market management buyouts - Director Angela Lane and associate David Lane sell 20,971 at GBP5.37, worth GBP112,651, on November 24 as part of the company's tender offer.

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Bank of Georgia Group PLC - Tbilisi-based lender - Non-Executive Director Alasdair Breach sells 83,345 shares from Gemsstock Ltd as investment manager to Gemsstock Master Fund and Gemsstock CAV Master LP at GBP25.09 and GBP25.40, worth GBP2.1 million, on Wednesday and Thursday last week.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2022 Alliance News Ltd. All Rights Reserved.

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