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Share Price: 772.00
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Manchester & London is an Investment Trust

To achieve capital appreciation together with a reasonable level of income by investing in a variety of sectors both in the UK and overseas as well as fixed income securities.

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UK DIRECTOR DEALINGS SUMMARY: Novacyt Chair And CEO Step In To Buy

Mon, 18th May 2020 13:46

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

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Novacyt SA - Non-Executive Chair James Wakefield buys 20,000 shares at 304.9p and Chief Executive Officer Graham Mullis buys 9,493 at 310p, together worth GBP90,408, on Friday. Wakefield now has 36,839 shares and Mullis 61,631. Novacyt on Thursday reported a widened loss for 2019 but expressed confidence in its outlook amid the development of its new Covid-19 test. It said the launch of its Covid-19 test in January has led to significant demand, which it expects to extend well into 2021. It added that it expects further revenue from the launch of other Covid-19-related products, including the Exsig Direct extraction reagent and mobile Covid testing.

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Ascential PLC - CEO Duncan Painter buys 42,951 shares at 230.51p, worth GBP99,006, on Friday. Now holds 3.7 million shares, a 0.9% stake.

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Manchester & London Investment Trust PLC - Investment Manager Mark Sheppard sells 224,770 shares at GBP5.80 and GBP5.90, worth GBP1.3M, on Friday.

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Photo-Me International PLC - Non-Executive Director Jean-Marc Janailhac buys 27,000 shares at 42p, worth GBP10,800, on Friday. The purchase is his only holding.

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Dalata Hotel Group PLC - Chair John Hennessy buys 30,000 shares at EUR2.50, worth EUR76,501, on Thursday last week.

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Arrow Global Group PLC - Senior Independent Non-Executive Director Andrew Fisher buys 47,522 shares at GBP0.71, worth GBP33,679, on Thursday last week. Now holds 87,522 shares.

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PureTech Health PLC - Bharatt Chowrira, chief of Business & Strategy, buys 10,000 shares at GBP2.26, worth GBP22,600, on Friday last week. Chowrira also had bought 10,000 shares on Thursday.

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easyHotel PLC - Citrus Holdco Ltd, connected to Chair Hermanus Meijer, Non-Executive Director Charles Persello and Michael Neuman, representative of corporate director Cadim Fonds Inc, buys 462,259 shares at GBP0.70, worth GBP323,581, on Friday. Late last month, easyHotel offered an exit opportunity to minority shareholders at GBP0.70. Citrus Holdco held 71.2% of the shares at that point, with brand-owner easyGroup having 25.8%, leaving just 3% in public hands. easyHotel plans to cancel its listing on AIM from Tuesday.

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Honye Financial Services Ltd - Director Xu WanBao sells 5.1 million shares via 70%-owned Fush Financial Investment Co, at GBP0.31, worth GBP1.6 million. Director YuXing Terry Liu buys 1.4 million of the shares from Fush via 100%-owned L&S Global Ltd. Fush now has 11.8 million shares, a 47.9% stake, while L&S Global has 2.0 million for 8.1%.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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15 Jul 2010 08:18

Manchester & London Gets 97% SMIT Acceptances, Extends Offer

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1 Jul 2010 12:51

Manchester & London Gets 96.19% SMIT Acceptances, Extends Offer

LONDON (Dow Jones)-- Manchester & London Investment Trust PLC, or MLIT, (MNL.LN), announced Thursday as at 1200 GMT on June 30, it had received valid acceptances of the offer in respect of 5,509,723 Stakeholders' Momentum Investment Trust PLC, or SMIT, (DDIT.LN) shares,96.19% of the current issued s

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9 Jun 2010 17:59

Manchester & London Gets 90.93% Acceptances For SMIT Shares

LONDON (Dow Jones)--Manchester & London Investment Trust PLC (MNL.LN) said Wednesday that as at 1200 GMT, it had received valid acceptances of the Offer in respect of 5,208,218 Stakeholders' Momentum Investment Trust PLC (DDIT.LN) or SMIT shares representing 90.93% of the current issued share capita

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Manchester & London finalises bid terms

Manchester & London Investment Trust has announced the final terms of its recommended bid for fellow investment trust Stakeholders Momentum Investment Trust. The bid, which is based on the Formula Asset Value which is based on respective NAV of each of the companies' shares, was declared unconditi

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