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Pin to quick picksProvexis Share News (PXS)

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DIRECTOR DEALINGS SUMMARY: Provexis Directors Buy 4.9 Million Shares

Thu, 07th Jan 2016 17:15

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.
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Nutrition products company Provexis said two of its board members snapped up a combined total of 4.9 million shares.

Finance Director Ian Ford bought 2.8 million shares at 0.286 pence each on Thursday. The purchase takes his holding to 5 million shares equating to an 0.3% stake in Provexis.

The company also said Chairman Dawson Buck bought 2.1 million shares at 0.65p each on Wednesday. This takes his holding to 15 million shares, or a 0.9% stake.

The stock closed up 27% at 0.343p Thursday, one of the best performers on AIM.
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Inspirit Energy Holdings said Chief Executive Officer John Gunn bought 5 million shares at a price of 0.395 pence per share Thursday. Following this transaction, Gunn now holds 360 million shares, which represents a 46.23% stake in the renewable product development company. The stock closed down 1.3% at 0.375p Thursday.
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PetroNeft Resources said Chief Executive Officer Dennis Francis bought 1.5 million shares at a price of 2.25 pence per share Wednesday. Following this transaction, Francis holds 25.9 million shares, which represents a 3.66% stake in the oil and gas company. The stock closed up 5.5% at 2.40p Thursday.
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Sunrise Resources said Chairman Patrick Cheetham bought one million shares at a price of 0.207 pence per share Wednesday. Following this transaction, Cheetham is beneficially interested in 26.7 million shares, representing approximately 3.87% of the issued share capital. Shares in the mineral exploration and development company closed down 12% at 0.176p Thursday.
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Emerging markets-focused asset manager Aberdeen Asset Management said Non-Executive Director Richard Mully bought 10,000 shares at a price of 266.8 pence per share Wednesday. Following this transaction, Mully holds 60,000 shares, which represents a 0.004% stake in the firm. Shares closed down 3.1% at 249.98p Thursday.
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FTSE 250 infrastructure investor and manager John Laing Group said Non-Executive Director Anne Wade acquired 10,000 shares at 205p each on Thursday. Wade now holds 20,256 shares. The stock closed down 0.6% at 206.00p Thursday.
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U and I Group said that Deputy Chief Executive Richard Upton acquired 5,477 shares in the company. The shares were purchased at 231 pence each on Wednesday. Upton now owns 2.9 million shares in the company, equivalent to a 2.284% stake. Shares in the property regeneration company closed up 0.1% at 233.00p Thursday.
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Treatt said Chief Executive Officer Daemmon Reeve bought 4,245 shares at a price of GBP1.675 each on Wednesday. Following this transaction, Reeve's total beneficial holding stands at 139,121 shares being 0.26% of the issued share capital. The stock closed up 0.9% at 169.95p Thursday.
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Mercantile Investment Trust said Non-Executive Director Angus Lennox bought 5,000 shares at a price of 1,803 pence per share on Wednesday. The purchase is his only holding after being appointed in September. The stock closed down 1.4% at 1,769.00p Thursday.
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Distribution specialist Connect Group said Glenn Leech, a divisional manager, sold 12,000 shares at a price of 165 pence per share on Wednesday. Following this transaction, Leech holds 188,951 shares, which represents 0.0766% stake in the firm. The stock closed down 1.5% at 163.00p Thursday.
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GLI Finance Interim Chief Executive Officer Andy Whelan bought 43,539 shares 36.39p and 70,000 shares at 36.50p each Wednesday. He now holds 3.8 million shares, or a 1.65% stake. The stock closed down 0.3% at 36.75p Thursday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

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