Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMDC.L Share News (MDC)

  • There is currently no data for MDC

Easydate non-exec sells

Mon, 29th Nov 2010 16:44
Easydate non-executive Martin Higginson has taken advantage of the recent strong trading statement from the online dating company to sell nearly all of his shares. At the beginning of October, Higginson exercised options over 398,600 shares. He did not own any shares before then and he has sold 398,000 shares at 95p each, raising £378,000. The company's broker Cenkos says that the share disposal, which came during a lock-in period following the flotation in June, was "in order to satisfy demand from a new institutional investor". No option price was mentioned in the announcement when Higginson took up his options but the presently exercisable options mentioned in the flotation prospectus cost 3p a share. Easydate raised £8.8m net from a placing at 60p a share, when it joined AIM. As well as the 600 remaining shares, Higginson still has options over 797,160 shares. Higginson is chief executive of AIM-quoted interactive gaming firm NetPlay TV. Higginson owns 7.86% of NetPlay TV, which is worth just over £1.6m at 7.38p a share.Easydate finance director Mark Doughty has bought 4,600 shares at 106p each. These are his first shares but he also holds options over 544,000 shares. In the first nine months of 2010, revenues grew at 30% a quarter thanks to higher marketing spending. Since floating, Easydate has acquired US rival Cupid for £4.4m. The growth figures exclude Cupid. Top Director BuysValue and Income Trust (VIN) Director name: Mr Matthew A OakeshottAmount purchased: 50,000 @ 169.00p Value: £84,500Taylor Wimpey (TW.) Director name: Mr Anthony J ReadingAmount purchased: 260,000 @ 25.27p Value: £65,702Taylor Wimpey (TW.) Director name: Mr Kevin S BeestonAmount purchased: 200,000 @ 25.08p Value: £50,160Taylor Wimpey (TW.) Director name: Ms Sheryl Palmer Amount purchased: 127,934 @ 25.08p Value: £32,086Dixons Retail (DXNS) Director name: Mr Andrew LynchAmount purchased: 100,000 @ 26.35p Value: £26,350Murray Income Trust (MUT) Director name: Mr David WoodsAmount purchased: 3,000 @ 604.50p Value: £18,135Media Corp. (MDC) Director name: Mr Justin DrummondAmount purchased: 500,000 @ 2.72p Value: £13,600Barratt Developments (BDEV) Director name: Mr Clive FentonAmount purchased: 13,523 @ 74.99p Value: £10,141Barratt Developments (BDEV) Director name: Mr Clive FentonAmount purchased: 13,497 @ 75.13p Value: £10,140Top Director SellsDiscovery Metals Ltd. (CDI) (DME) Director name: Mr Gordon GaltAmount sold: 308,211 @ 78.41p Value: £241,668Easydate (EZD) Director name: Mr Martin HigginsonAmount sold: 398,000 @ 95.00p Value: £378,100

Related News

UK's FTSE 100 rises for a sixth straight quarter as Middle East optimism aids sentiment
1 day ago

UK's FTSE 100 rises for a sixth straight quarter as Middle East optimism aids sentiment

June 30 (Reuters) - The UK's blue-chip ​FTSE 100 ⁠inched higher on Tuesday, led by gains ​in defence and financial stocks, notching gains for a sixth ...

UK housebuilders face potential lawsuit over alleged anti-competitive conduct
2 days ago

UK housebuilders face potential lawsuit over alleged anti-competitive conduct

LONDON, June 30 (Reuters) - Britain's ​biggest housebuilders, including Barratt Redrow and Taylor Wimpey, are facing a potential multi-billion-pound c...

UK housebuilders face potential lawsuit over alleged anti-competitive conduct
2 days ago

UK housebuilders face potential lawsuit over alleged anti-competitive conduct

LONDON, June 30 (Reuters) - Britain's biggest housebuilders, including ​Barratt ⁠Redrow and Taylor Wimpey, are facing ​a potential multi-billion-pound...

MDC.L News

Mediclinic Chair Hertzog To Retire In 2020; Singer Hired As Non-Exec
24 Jul 2019

Mediclinic Chair Hertzog To Retire In 2020; Singer Hired As Non-Exec

(Alliance News) - Mediclinic International PLC said Wednesday Chair Edwin Hertzog will retire in July 2020, whilst it also hired former InterContinent...

UK Shareholder Meetings Calendar - Next 7 Days
17 Jul 2019

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 18 JulyNovacytZoltav ResourcesSSERoyal MailBabcock 19 22

BROKER RATINGS SUMMARY: RBC Raises CYBG, Cuts Paragon Banking
20 Jun 2019

BROKER RATINGS SUMMARY: RBC Raises CYBG, Cuts Paragon Banking

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:----------FTSE 100----------BERENBERG CUTS VODA...

LONDON MARKET OPEN: Stocks And Pound Struggle; QinetiQ And Serco Gain
23 May 2019

LONDON MARKET OPEN: Stocks And Pound Struggle; QinetiQ And Serco Gain

LONDON (Alliance News) - London stocks started Thursday's session on the back foot following declines in the US and Asia overnight, with the pound als...

UK Earnings, Trading Statements Calendar - Next 7 Days
16 May 2019

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 17 May easyJetHalf Year Results FutureHalf Year HoldingsHalf Year 20

LONDON MARKET CLOSE: Stocks End Mixed As China GDP Fails To Inspire
17 Apr 2019

LONDON MARKET CLOSE: Stocks End Mixed As China GDP Fails To Inspire

LONDON (Alliance News) - Stocks in London ended mixed on Wednesday shrugging off positive economic growth figures from China, as declines from Bunzl a...

LONDON MARKET MIDDAY: Stocks Sluggish As Bunzl And Miners Hinder FTSE
17 Apr 2019

LONDON MARKET MIDDAY: Stocks Sluggish As Bunzl And Miners Hinder FTSE

LONDON (Alliance News) - Stocks in London were mixed at midday on Wednesday, with Bunzl and heavyweight mining stocks weighing on the FTSE 100.The FTS...

WINNERS & LOSERS SUMMARY: Bunzl Down On Slow Revenue Growth
17 Apr 2019

WINNERS & LOSERS SUMMARY: Bunzl Down On Slow Revenue Growth

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINN...