Intertek Group Share News (ITRK)

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday.
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Intertek Group said Chief Executive Officer Andre Lacroix bought around GBP3.3 million worth of shares in the FTSE 100 listed company.

Lacroix bought 100,000 shares at GBP32.715508 per share on Friday, and now holds 200,000 shares.

Lacroix assumed the role at Intertek, which tests and certifies products ranging from shoes to pharmaceuticals, last May. He was previously CEO of car retailer Inchcape Group.

The stock closed up 1.2% at GBP3,326.00 each Monday.
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Cambridge Cognition Holdings said three of its directors subscribed for shares as part of a broader fundraising on Monday.

Cambridge Cognition Holdings on Monday said it raised GBP1.3 million in an oversubscribed share placing, as it reported a widened pretax loss for 2015.

The company, which is focused on the development and marketing of computerised neuropyschological tests, raised GBP1.3 million through the placing of 3.7 million shares at a price of 37.0p each.

Chairman Michael Lewis subscribed for 5,406 shares, increasing his shareholding to 33,375 shares, or a 0.16% stake.

Chief Executive Officer Steven Powell subscribed for 40,541 shares, which makes up his entire shareholding, equal to 0.20% of the company's total voting rights. Having previously been interim CEO, he was given the job on a permanent basis in February.

Chief Financial Officer Nick Walters subscribed for 67,568 shares taking his shareholding to 186,937 shares, equal to a 0.92% stake.

The company said it plans to use the proceeds of the placing to invest in its sales infrastructure to speed up sales growth, commercialise its products, and advance regulatory approvals.

In addition, Cambridge Cognition reported a pretax loss of GBP867,000, widened from a loss of GBP304,000 in 2014, as revenue slipped to GBP5.04 million from GBP5.8 million. The company attributed the fall in revenue to a reduction in hardware revenue, after it shifted towards cloud-based products.

Cambridge Cognition shares closed down 1.4% at 40.42p Monday.
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Insurer Saga said Non-Executive Director Bridget McIntyre bought 7,245 shares at 207p each on Friday. Her total shareholding was undisclosed. The stock closed up 0.8% at 207.59p Monday.
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Henry Boot said Chief Executive Officer John Sutcliffe sold 7,100 shares to his daughter, Isabelle Rose Sutcliffe, at 213.00p per share on Friday. Following the sale, Sutcliffe holds 494,795 shares, equal to a 0.375% stake in the company. Shares in the land and property investor and construction company closed down 3.1% at 206.50p Monday.
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Oxford BioMedica said Chairman Lorenzo Tallarigo bought 41,083 shares at 6.425p each on Friday. Following the purchase, Tallarigo now holds 119,003 shares in the gene and cell therapy group. The stock closed down 0.3% at 6.21p Monday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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