LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday.
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Hansteen Holdings said Wendy Egglenton, wife of Non-Executive Director Melvyn Egglenton, bought 25,000 shares at 102.75 pence per share on Tuesday. The purchase is Melvyn Egglenton's only holding in the company.
The FTSE 250 real estate investment trust on June 6 said Non-Executive Chairman James Hambro will retire from his position in August, and will be replaced by motor dealer Pendragon PLC's Chairman Egglenton.
Hambro has served as the company's non-executive chairman since its launch on the AIM market in November 2005, and will be leaving the board following its interim results on August 23.
Egglenton has served as a non-executive director of Hansteen since June 2014, and has been chairman of Pendragon since May 2013.
The stock closed up 0.6% at 102.63p Wednesday.
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Berendsen said Peter Haveus, managing director of its Workwear division, sold 105,000 shares at a price of 1,118 pence per share Wednesday, equal to GBP1.2 million. Following the sale, Haveus now holds 205,628 shares. The stock closed up 0.4% at 1,194.97p Wednesday.
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Globalworth Real Estate Investments said Chief Executive Officer Ioannis Papalekas bought 20,000 shares, through his investment vehicle Zorviani , at a price of EUR5.10 per share Wednesday. Papalekas acquired an additional 20,000 shares, through Zorviani, at EUR5.05 per share Tuesday. Following the share purchases, Papalekas holds 23 million shares, equivalent to a 35.98% stake.
The company also said Non-Executive Director Eli Alroy bought 10,000 shares, through his investment vehicle AYRAD Investments, at a price of EUR5.05 per share Wednesday.
Following the purchase, Alroy has an interest in 378,814 shares, equivalent to 0.59% stake.
Deputy Chief Executive Officer and Chief Investment Officer Dimitris Raptis bought 9,550 shares at the same price on Tuesday.
Following the purchase, Raptis has an interest in 289,557 shares, equivalent to a 0.45% stake.
The stock closed up 1.5% at EUR5.10 Wednesday.
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Equiniti Group said Chief Executive Officer Guy Wakeley bought 3,000 shares at 177.75 pence per share on Wednesday. Following the purchase, Wakeley now holds 1.3 million shares. The stock closed down 0.2% at 175.20p Wednesday.
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Treatt said Chief Executive Officer Daemmon Reeve bought 4,203 shares at 165 pence per share on Wednesday. Following the purchase, Reeve now holds 159,001 shares, which equals a 0.3% stake in the group. The company also said Chairman Tim Jones bought 3,348 shares at the same price. He now holds 120,751 shares, or a 0.23% stake. The stock closed down 1.5% at 163.00p Wednesday
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Minds + Machines Group said Chief Executive Officer Toby Hall bought 250,000 shares at a price of 10 pence per share Tuesday. Following the purchase, Hall now holds 500,000 shares, which equals a 0.07% stake in the group. The stock closed flat at 9.75p Wednesday.
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Paysafe Group said Chairman Dennis Jones bought 40,000 shares at a price of 359.70 pence per share on Tuesday. Following the purchase, Jones holds a total of 40,000 shares. The stock closed up 2.6% at 376.43p Wednesday.
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Vertu Motors said Chief Executive Officer Robert Forrester bought 54,700 shares at a price of 52.94 pence per share on Wednesday. Following this transaction, Forrester now holds 6.8 million shares, which represents 1.70% stake in the firm. The stock closed flat at 52.50p Wednesday.
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First Derivatives said Non-Executive Director Virginia Gambale bought 1,750 shares at a price of USD28.60 per share Tuesday. Following the purchase, Gambale has an interest in 6,150 shares, representing 0.03% of the issued share capital. The stock closed down 1.4% at 1,966.00 pence Wednesday.
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Palm oil producer DekelOil said it has agreed to acquire a further 5.0% stake in its majority-owned palm oil project in the Ivory Coast and will finance the deal via another share placing.
DekelOil announced in May it would raise its stake in CS DekelOil Siva , the joint venture which owns the Ayenouan palm oil project, to 81.5% from 51% previously, funding this with the placing of 812.1 million shares at 1.325 pence to raise GBP10.8 million. It is buying the stake from joint venture partner Biopalm Energy Ltd.
On Wednesday, DekelOil said it will buy another 5.0% interest in the project, taking its stake up to around 86%.
The further acquisition will be funded through the placing of 121.1 million DekelOil shares, also at 1.325p, to raise GBP1.6 million.
In addition, a further 3.8 million shares are being placed at the same price on behalf of Yehoshua Shai Kol, the chief financial officer of Dekeloil.
DekelOil said Kol would sell 22.6 million shares pursuant to the original May placing, and the 3.8 million announced on Wednesday are in addition to this. The sale will leave Kol with 106.5 million DekelOil shares, or a 4.3% stake in the business.
DekelOil shares closed up 0.4% to 1.28p Wednesday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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The FTSE 250-listed real estate investment trust
