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

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

LONDON MARKET MIDDAY: Stocks down as oil decline hits energy stocks
1 day ago

LONDON MARKET MIDDAY: Stocks down as oil decline hits energy stocks

(Alliance News) - Stock prices in London were lower at midday on Friday, although markets largely disregarded the ongoing tense atmosphere around the ...

LONDON BROKER RATINGS: Berenberg cuts Berkeley and raises Bellway
1 day ago

LONDON BROKER RATINGS: Berenberg cuts Berkeley and raises Bellway

(Alliance News) - The following London-listed shares received analyst recommendations on Friday morning and on Thursday:

MDC.L News

TOP NEWS SUMMARY: China exports rebound but new lockdown is imposed
9 Jun 2022

TOP NEWS SUMMARY: China exports rebound but new lockdown is imposed

(Alliance News) - The following is a summary of top news stories Thursday.

TOP NEWS: Mediclinic International turns down Remgro's cash offer
9 Jun 2022

TOP NEWS: Mediclinic International turns down Remgro's cash offer

(Alliance News) - South Africa-headquartered private hospital operator Mediclinic International PLC on Thursday it has knocked back an unsolicited off...

LONDON MARKET OPEN: CMC Markets sinks after slashing dividend
9 Jun 2022

LONDON MARKET OPEN: CMC Markets sinks after slashing dividend

(Alliance News) - Stock prices in London opened lower on Thursday as China continues to grapple with Covid-19 outbreaks, while CMC Markets fell sharpl...

LONDON BRIEFING: BAT says global tobacco industry to shrink 3% in 2022
9 Jun 2022

LONDON BRIEFING: BAT says global tobacco industry to shrink 3% in 2022

(Alliance News) - British American Tobacco on Thursday said its transformation continues at pace, with strong revenue and volume growth in all three N...

Mediclinic rejects 463p a share takeover offer from Remgro consortium
9 Jun 2022

Mediclinic rejects 463p a share takeover offer from Remgro consortium

(Sharecast News) - Private hospital operator Mediclinic said on Thursday that it had rejected a 463p a share takeover offer from a consortium comprisi...

LONDON BROKER RATINGS: Kepler Cheuvreux raises IAG to 'buy'
31 May 2022

LONDON BROKER RATINGS: Kepler Cheuvreux raises IAG to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon:

LONDON BROKER RATINGS: JPMorgan cuts Just Eat Takeaway and Deliveroo
27 May 2022

LONDON BROKER RATINGS: JPMorgan cuts Just Eat Takeaway and Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

IN BRIEF: Mediclinic Non-Exec Director Singer buys GBP75,000 in shares
25 May 2022

IN BRIEF: Mediclinic Non-Exec Director Singer buys GBP75,000 in shares

Mediclinic International PLC - Stellenbosch, South Africa-based private hospitals operator - Non-Executive Director Thomas Singer buys 20,000 shares a...